Founded and chaired by Stéphane Hirschenhaut, Groupe Villa has acquired off-market the office building at 114 avenue de Flandre, in the 19th arrondissement of Paris. With a surface area of around 1,800 m², this asset had been owned since 2016 by La Française REM, which had signed for it via its SCPI Crédit Mutuel Pierre 1 for €6.7 million.