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Flying Point Real Estate

Nanterre, Paris · France

Campus Eureka

32,000 sqm of largely vacant office, and an open question worth asking

Project
Office
Location
Nanterre, Paris
Asset size
32,000 sqm
Acquired
July 2024
Status
published

The project

Eureka is a 32,000 sqm office building in Nanterre, largely vacant. Our first office acquisition in France, and a deliberate one: a large, empty, well-located asset is a liability on most balance sheets and an opportunity on ours.

We are working through its conversion potential with every stakeholder involved — the municipality, the occupiers, the neighbourhood. Nothing is fixed yet, and we would rather say that plainly than publish a masterplan we have not earned. The options on the table include health, sports and educational facilities alongside office and residential use.

What we are certain of is the principle. An empty building in a connected part of Greater Paris should not be demolished by default, and it should not sit dark waiting for the office market to turn. It should be given a second use.

Next project

Campus Clever

Gennevilliers, Paris

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