THE WHAT? Interparums SA has announced the completed acquisition of 10 rue de Solférino in the 7th arrondissement of Paris from the property developer, Apsys, which will act as its future headquarters.
THE DETAILS Comprising three buildings connected by two inner courtyards, the space totals 40,000 sq. ft and was purchased for €125 million. The building will house all teams from 2022.
THE WHY? According to a press release, the single site will contribute to a ‘new more flexible and convivial work organization, and provide a showcase of excellence for all the company’s partners.’
Philippe Benacin and Jean Madar, Co-Founders of Interparfums, said, “This purchase is an exceptional opportunity. These new headquarters will allow us to pursue our development within an incomparable setting at a prestigious address that perfectly fits our brand portfolio.”