Unibail-Rodamco-Westfield announced the signing of a co-investment partnership with AXA IM Alts, a global leader in alternative investments acting on behalf of clients, for the Triangle Tower, a major new development in Paris. Designed by Jacques Herzog and Pierre de Meuron, winners of the Pritzker Prize, the Triangle Tower creates a significant, lively urban space for Parisians, linking to the city of Issy-les-Moulineaux, and contributing to the creation of a new destination within the metropolitan region by combining office space with amenities including a conference centre, street level shopping, restaurants and a hotel. The Triangle Tower will offer area residents new community benefits including childcare and health facilities and a cultural centre while providing occupants with versatile spaces that accommodate new ways of working together. The design of its structure and fa?ade allows it to accommodate a wide range of uses, offering the flexibility to adapt or even to change uses in the future. The project incorporates the highest environmental construction standards targeting HQE Exceptional and BREEAM minimum Excellent certifications while offering best in class conventional energy consumption and a carbon emissions trajectory in line with the Paris climate agreement objectives. Initial works are due to begin by the end of the year, with an expected opening in 2026. Construction is expected to create more than 5,000 direct and indirect jobs within the community.