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Xavier Musseau, Hines France

Apple lease, 20yr plan key to €600m price-tag for Champs Elysees - Hines France MD

A combination of a long-term retail lease with US tech giant Apple and strong forecasts for footfall growth over a 20-year-plus business plan were key to Hines France's decision to pay €600m for a Champs Elysees property, MD Xavier Musseau tells Business Immo's Francois Perrigault.

Business Immo: Why did you buy the 114 Champs-Élysées for almost €110 000 per sqm? Xavier Musseau: This transaction is atypical both in terms of (...)

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