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What's behind Gecina's sale of 101 Champs-Élysées?

Gecina has announced that it has completed or secured almost €1bn in disposals since the start of the current financial year, representing the equivalent of 42,000 sqm of office and residential space. Among the assets concerned is 101 avenue des Champs-Élysées, currently occupied by Louis Vuitton Malletier. Find out more about the purchaser, the capitalisation rate and the value of the transaction.

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Shortly before 7pm on Tuesday evening, Gecina shook off its torpor in a hitherto ankylosed investment market, awaiting a repricing, by issuing a press (...)

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