News Formal

French Insurance Company AXA Acquires Paris’s Bry-Sur-Marne Studios; Plots Major Expansion

  • 📰 DEADLINE
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

AXA IM Alts, the alternative investment arm of global insurance company Axa, has struck a deal to acquire and expand France’s Bry-sur-Marnes Studios on the outskirts of Paris. The future of the 12-…

The facility currently provides 62,300 square feet of studio space across eight stages, in addition to production accommodation of 215,278 square feet .Twitter Faces Potential Ban In Europe After Elon Musk's Company Pulled Back From Disinformation Rules

AXA IM Alts said in a statement that it was planning a significant development programme across the site which will more than double the production capacity. “The investment also aligns with our purpose to deliver long-term value to clients; consolidated sites such as Bry-sur-Marne, which can house the entire content production ecosystem, are essential in accelerating the decarbonisation of the film industry. We have ambitions to significantly scale our studios real estate platform.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 109. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

‘Marie-Antoinette’ Studio Complex Bry-sur-Marne Near Paris Bought by Investment Firm AxaOne of France’s largest studio complexes, the Studios of Bry-sur-Marne, have been bought by AXA IM Alts from Nexity. The Bry-sur-Marne studios, which boast eight stages, hosts the filming of …
Source: Variety - 🏆 108. / 63 Read more »