Europe’s largest timber-frame spec office complex secures funding

The worldwide office market is reeling this year, but a trio of institutional investors are betting big on a massive project in Paris. And it’s made of wood. A joint venture that includes Ivanhoé Cambridge and BNP Paribas has put together a $773 million funding package for the 1.4-million-square-foot spec office development, according to Bisnow. Called The Arboretum, it would be the largest spec office development started in Paris in the last 25 years. The

source https://therealdeal.com/2020/09/20/europes-largest-timber-frame-spec-office-complex-secures-funding/