Business Immo, the real estate website

Bernard Arnault

Finance 18/01/2024

Why are private investors back in the market ?

Beware of misleading figures! There is the €12.8 bn invested in the unmarked property market, according to the figures released today by Knight Frank, (...)

Retail 06/12/2023

A €1bn deal on the Champs-Élysées

It has become a key theme for the French commercial real estate market in 2023: luxury groups are snapping up prime Parisian real estate. (...)

Retail 22/06/2023

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 (...)

Retail 08/02/2023

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: (...)

Retail 20/11/2019

After 15 years, €750m investment, Paris's iconic Samaritaine set to reopen

Fifteen years after closure, Paris’s iconic department store La Samaritaine is set to come back to life next April as a complex of stores, (...)

Finance 25/04/2019

Over €400m donated to foundations for Paris Notre Dame restoration

Over €400m in donations have been made to four foundations by individuals and businesses for the restoration of the Paris's Notre Dame cathedral, ravaged (...)

Finance 16/04/2019

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 (...)

Listed 29/03/2019

Dinin to step down as CEO of French housing group Nexity

One of France's best known real estate entrepreneurs, Alain Dinin, is to step down as chairman and CEO of listed housing firm Nexity, and (...)

Hospitality 14/12/2018

Luxury group LVMH adds Belmond hotels at €3.2bn valuation

The world's biggest luxury goods group, the Paris-based LVMH, is acquiring the NYSE-listed Belmond, owner and manager of 46 luxury hotel, restaurant and cruise properties (...)