AEW Europe, one of the world’s largest real estate investment and asset managers (1) , announces the off-market acquisition of a prime, fully let high street retail asset located on Rue Tronchet in the 8th district of Paris, France.
Situated at 20 Rue Tronchet, the unit totals c. 200 sqm of retail space spread across two levels. The asset is fully let to Bolia, a high-end Danish furniture and design company that is part of the Lars Larsen Group, a Danish family-owned conglomerate. The property is strategically located in the heart of Paris’s prime retail district on Rue Tronchet, directly connecting to the renowned Place de la Madeleine and Boulevard Haussman. This area is a premier destination for luxury shopping, featuring iconic department stores such as Galeries Lafayette and Printemps. The vibrant locale attracts an average of c. 580,000 visitors per month (2), a figure driven by its compelling mix of leading retail brands.
Antoine Barbier, Head of AEW Patrimoine, commented: “Situated in a highly sought-after location with high footfall, this asset is let to a strong, fast-growing occupier, Bolia, a leading high-end furniture company. This acquisition enhances our portfolio of retail assets at an attractive point in the cycle for the retail market, characterised by limited new prime space supply and a positive rental growth outlook.”
For this transaction, AEW was advised by Cushman and Wakefield, GMH Notaires, and BG2V.
1: 2025 IRE.IQ Real Estate Managers Guide”. The Guide, published annually by Institutional Real Estate, Inc., ranks real estate managers based on the gross value of real estate AUM ($m) as of December 31, 2024.
2: Source: MyTraffic.
About AEW
AEW is one of the world's largest real estate asset managers, with €73.1bn of assets under management as at 31 December 2025[1]. AEW has over 820 employees, with its main offices located in Boston, London, Paris and Singapore and offers a wide range of real estate investment products including comingled funds, separate accounts and securities mandates across the full spectrum of investment strategies. AEW represents the real estate asset management platform of Natixis Investment Managers, one of the largest asset managers in the world.
As at 31 December 2025, AEW Europe managed €36.2bn of real estate assets in Europe on behalf of a number of funds and separate accounts. AEW Europe has over 510 employees based in 11 offices across Europe and and provides investment services across Core, Value-Add and Opportunistic investment strategies on behalf of its clients. In the last five years, AEW has invested and divested a total volume of almost €13bn of real estate across European markets.