A focus on assets under development: Villa Matignon, 7 rue du Cirque, Paris

Insights November 30th 2020 in Europe

Villa Matignon is a beautiful stand-alone office building at 7 rue du Cirque, near the Elysée Palace and the hotel Le Bristol and a stone’s throw from the American and British embassies.

Owned by The Olayan Group and with Chelsfield as asset and development manager, this elegant mansion with its historic Haussmannian façade is undergoing a major refurbishment. The renovation of the five storeys building will create 1,800 sqm of office space and include a 300 sqm rear extension, made of wood.

The office spaces are being optimised to allow for contemporary layouts and the extensive glazed surfaces of the new wooden structure extension will allow the floors to be bathed in natural light.

It also will benefit from 245 sqm of accessible outdoor areas, including a private garden and terraces to ensure the well-being of its occupants.

The completion is scheduled for the first quarter of 2021.