Apartament across the street
  • Paris
  • Office

Maison Bayard

A landmark office building in central Paris with realized development potential

About the building

Maison Bayard is a landmark office building of just over 8,000 square meters located on Rue Bayard in the 8th arrondissement in Paris. It is exceptionally well-located in the heart of the Central Business District and close to the renowned avenues of Champs-Élysées, Montaigne and George V.

Investment rationale

The asset was acquired in December 2017 following a highly competitive tender process with co-exclusivity granted to the four best bidders. The aim was to undergo a significant refurbishment program upon the departure of the then-tenant and develop a prime office building. The project was designed in parallel to the acquisition process by architect Axel Schoenert and a fixed-price development contract was secured with Nexity.


The refurbishment comprised the redevelopment of the historic buildings and the demolition of the 1970s building to raise a new building with a low-carbon wooden structure. The property now comprises eight upper floors with large, flexible office floor plates, one garden level offering various amenities, double-height lobby, rooftop with a 360-degree view of Paris, 740 square meters of terraces and one basement level comprising car and bike parking spaces.

Environmental credentials

The property has been certified BBCA, Effinergie E+C- “E2C2”, HQE “Excellent”, BREEAM “Very Good”, WELL Shell and Core “Gold” and Wired Score “Gold.”

What we achieved

Despite the pandemic, the asset management team exceeded expectations, with a high-quality refurbishment and the innovative scope of services delivered. The building was leased to a range of Grade A tenants, including an international law firm, a renewable energy company, an alternative asset management company and a real estate firm.

The building was sold in December 2022 and generated a record-breaking capital value per square meter in the central business district of Paris, exceeding initial underwriting and fund targets.

Apartament across the street

Maison Bayard is a European value-add investment

Explore other European value-add investments

Tall building with a lot of windows Niche

Met House

An education building in the vibrant East London district of Whitechapel.

No results found

Make sure you’ve spelled everything correctly, or try searching for something else. If you still can’t find what you’re looking for, you can always Contact us to talk to someone.

Important information

The assets presented are meant for illustrative purposes only, are subject to change without notice and are not meant as a projection or estimate of the nature of any future investments to be made by the Fund or returns on any such investments. This information has been prepared by LaSalle in order to illustrate the type of assets held and/or transactions completed by the Fund; transactions for properties exhibiting the same or similar characteristics may not be available or profitable in the future.

Important information about sustainability

A decision to invest should consider all characteristics or objectives disclosed in the offering document. Please refer to the offering document before making any final investment decision.

Except where specified either in this webpage or any other documents, any ESG or impact goals, targets, commitments, incentives, initiatives or outcomes referenced in any information, reporting or disclosures published by LaSalle are not being marketed to investors or promoted and do not bind any investment decisions made in respect of, or the management or stewardship of, any funds managed by LaSalle for the purposes of Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector. Any measures in respect of such ESG or impact goals, targets, commitments, incentives, initiatives or outcomes may be overridden, may not be implemented or may not be immediately applicable to the investments of any funds managed by LaSalle (in each case, at LaSalle’s sole discretion).