In 2016, Hines and German investment company Universal-Investment acquired Marché Saint Germain, a three-story mixed-use asset, for an institutional real estate fund administered and managed on behalf of Bayerische Versorgungskammer (BVK).
Marché Saint-Germain, which was built in 1995 to resemble the historic market halls previously on the site, is located in the heart of Saint-Germain-des-Prés. It sits on a rectangular site of 6,908 square meters and is part of a mixed-use building of 6,572 square meters, which includes a food market, a swimming pool and an auditorium owned by the City of Paris. The asset was renovated in 2016 and is 100 percent leased to six tenants.
