Icawood, BNPPRE-led consortium commits €650m to largest Ile-de-France spec project in over 20 years

Investors including Icawood, an investment fund launched by Icamap and Ivanhoé Cambridge specialising in low-carbon-emission office developments, and BNP Paribas Real Estate have committed a total of €650 mln to acquire and develop Arboretum, the first office campus in the Paris region to be constructed primarily from wood and also the largest solid-wood office development in Europe.

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