Interparfums SA, the majority owned Paris-based subsidiary of Inter Parfums, has acquired its future headquarters at 10 rue de Solférino in the 7th arrondissement of Paris from property developer, Apsys.
The headquarters is an office complex combining three buildings connected by two inner courtyards, a large part of which was the French Socialist Party’s former headquarters, which consists of approximately 40,000 total sq. ft.
The €125 million (approximately $149 million) purchase price for the building includes the complete renovation of the site.
This new location will make it possible in spring 2022 to house all teams at a single site, 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, the 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.”
Fabrice Bansay, Apsys Group CEO, said: “Our vision for the “10 Solférino” property was to create a showcase for new working practices celebrating collective intelligence, fostering the quality of working life and ensuring a very high level of performance and comfort. I am very happy that Interparfums SA, a very exceptional French company, has chosen this address as its home."
