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.”
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