Business Immo, the real estate website

Pietro Beccari

Président directeur général de Christian Dior Couture

Retail

With a vacancy rate of 5.8 %, Paris's main thoroughfares are regaining their splendour

Paris's main shopping streets are packed to the rafters. As a result, according to the latest Knight Frank study unveiled during the 2023 edition (...)

Retail

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

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

Office

Confusion at 101 avenue des Champs-Élysées

A little over two years ago, on May 10, 2021 to be precise, Gecina and LVMH lifted the veil on a « memorandum of (...)

Retail

Luxury giants LVMH and Kering have a "totally different vision than an ordinary investor"

The luxury industry is not experiencing a crisis. The "record" year 2022 signed by LMVH, despite the geopolitical and economic situation, attests to this: (...)

Office

La Défense: a luxury house seduced by the Alto Tower

Alto Tower, owned by LaSalle Investment Management, is about to welcome a new occupant. According to our information, a French company belonging to the (...)

Retail

Foncière Patrimonia buys Paris 8th's 51 avenue Montaigne

French unlisted real estate company, Fonciere Patrimonia, has acquired 51 avenue Montaigne, in the 8th arrondissement of Paris, via a share deal. The tenant, Dior Couture, occupies the 806 sqm (...)

Office

Goldman Sachs to make 83 Marceau its future Paris headquarters

Despite the context of the health crisis, rental negotiations are continuing for prime office assets in the Paris CBD. According to BI sources, the real (...)

Finance

Arnault family, LVMH pledge €200m for Paris Notre-Dame restoration

French billionaire businessman Bernard Arnault’s family and the LVMH luxury goods group he built are to donate €200m to help the restoration of Paris Notre-Dame cathedral. In a statement (...)