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[EXCLUSIVE] Why has SGM still not bought the BHV premises?

BHV, Paris (CoStar)
BHV, Paris (CoStar)
By Vincent Lepercq
August 28, 2024 | 3:47 P.M.

Translated from French.

Frédéric Merlin does not own the walls of BHV, although it has owned and operated the department store's goodwill since its takeover agreement in 2023 with the Galeries Lafayette group. It has left the buildings next to BHV de l'Homme to the developer 6e Sens immobilier, and will not be taking over BHV de l'Homme, which has been promised to an investor. Finally, the initial timetable for the main department store and that of Parly 2 has been pushed back.

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