Become a Member
  • Track your favourite stocks
  • Create & monitor portfolios
  • Daily portfolio value
Sign Up
Quickpicks
Add shares to your
quickpicks to
display them here!

CLS signs new lease for Pierre Valette, Paris

5th Nov 2026 07:00

RNS Number : 8570B
CLS Holdings PLC
05 November 2026
 

CLS Holdings plc

 

16 Tinworth Street, London

SE11 5AL, UK

Tel : +44 (0)20 7582 7766

E : [email protected]

www.clsholdings.com

 

 

CLS Holdings plc ("CLS", the "Company" or the "Group")

CLS signs new lease for over 10,700 sqm at Pierre Valette, Paris

 

 

CLS is pleased to announce a new firm 9-year lease starting 1 January 2027 with existing occupier Colt Technology Services ("Colt"), an occupier for over 25 years, for 10,778 sqm (116,013 sq. ft) of office and light industrial space, along with 120 parking spaces at 23-27 Rue Pierre Valette, 92240 Malakoff, southwest Paris.

 

The letting, which secures rental income above €1.7 million per year was signed at 2.7% above passing rent and in-line ERV. The lease is subject to Indice des Loyers des Activités Tertiaires (ILAT) indexation.

 

Located in the southwestern suburbs of Paris, 23-27 Rue Pierre Valette is a well-connected, mixed-use property comprising light industrial (including data and telecom uses), and office spaces. The building benefits from direct access to Metro Line 13, and will further enhance its connectivity when the Grand Paris Express station Fort d'Issy-Vanves-Clamart-Malakoff, part of the upcoming Line 15, opens in April 2027

 

 

Philippe Alexis, Head of France, commented:

 

"We are delighted to renew our relationship with Colt Telecom, a trusted, long-standing occupier at Pierre Valette. This agreement reflects both the strength of our partnership and the continued appeal of this strategic location. The area is undergoing significant infrastructure enhancements, and we look forward to working closely with Colt to support their evolving space needs."

-ends-

 

For further information, please contact:

 

CLS Holdings plc

(LEI: 213800A357TKB2TD9U78)

www.clsholdings.com

Fredrik Widlund, Chief Executive Officer

Patrick Symons, Chief Financial Officer

+44 (0)20 7582 7766

 

CLS France

Philippe Alexis, Head of France

+33 (0)1 86 26 48 50

 

Panmure Liberum

Jamie Richards

David Watkins

+44 (0)20 3100 2000

 

Berenberg

Carl Gough

Harry Nicholas

+44 (0)20 3207 7800

 

Edelman Smithfield (Financial PR)

Alex Simmons +44 7970 174 353

Hastings Tarrant +44 7813 407 665

[email protected]

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
MSCUSRBRNAUARAA

Related Shares:

CLS Holdings
FTSE 100 Latest
Value10,782.66
Change0.00