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Galeries Lafayette

Retail 15/11/2023

The Galeries Lafayette Group finalises the sale of BHV Marais

The Galeries Lafayette group has just announced that it has finalised the sale of BHV Marais, which also includes BHV Parly 2, after obtaining (...)

Retail 27/09/2023

After BHV Marais, SGM sets its sights on an 18,000 sqm shopping centre

The SGM Group, chaired by Frédéric Merlin, has acquired the Metz Saint-Jacques shopping centre from Klépierre. The centre comprises 78 premises spread over 18,000 (...)

Finance 30/05/2023

SGM obtains financing for the €500m acquisition of BHV Marais

In a press release dated 27 May, Société des Grands Magasins, chaired by Frédéric Merlin, confirmed "the acquisition of BHV Marais" from the Galeries (...)

Retail 16/02/2023

Paris 4th's BHV Marais soon to be sold

Galeries Lafayette is preparing to "pass on the torch" of BHV Marais. The group has entered exclusive negotiations with the Société des Grands Magasins, (...)

Retail 21/09/2022

France's commercial property investment market is recovering (UP! Real Estate)

In a new study, UP! Real Estate reports that the retail property market has recovered in the first half of 2022 with €2.4bn of (...)

Housing 14/10/2020

"The Babel Community’s objective is to spread its concept across every major French cities"

Business Immo: How was the partnership between The Babel Community and the Banque des Territoires born? Benoît Jobert: This partnership was born out of an (...)

Retail 14/05/2020

Paris department stores and shopping centres over 40,000 sqm closed until 10 July

The Paris police prefecture has announced that departement stores Le Printemps and Galeries Lafayette, as well as the Beaugrenelle, Westfield-Forum des Halles and Italie (...)

Office 11/12/2019

BNP Paribas REIM acquires Square d’Orléans, 51-53 Blvd Haussmann in Paris

Live from Simi (Paris) - BNP Paribas REIM has announced the acquisition of two standing assets in Paris: Square d’Orléans, located at 80 rue Taitbout, (...)

Retail 07/02/2018

French iconic Galeries Lafayette sells 22 regional stores for franchise operations

Iconic French department store chain Galeries Lafayette is to sell 22 regional stores to a private firm controlled by businessman Michel Ohayon, converting them into franchise operations. (...)