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[EXCLUSIVE] In this Paris Suburb, JP Morgan AM Stalls on a Major Office Project

Major Malakoff Redevelopment Fails To Take Off
Le Pelissier building in Malakoff (CoStar)
Le Pelissier building in Malakoff (CoStar)
By Vincent Lepercq
July 30, 2024 | 1:45 P.M.

Back in 2019, on paper, JP Morgan Asset Management plans for a large redevelopment project in the Paris suburb of Malakoff seemed to make sense. But like others, it has been set back by the fallout over Covid-19 and rising interest rates.

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