They livened up the investment market at the beginning of the year, and they've decided to do it again as 2025 draws to a close. After creating a joint venture for a portfolio of three Paris properties at 26 Place Vendôme, 35-37 Avenue Montaigne and 56 Avenue Montaigne, Kering and Ardian have decided to repeat the same scheme, albeit this time on New York's Fifth Avenue.
Kering and Ardian sign extraordinary deal on New York's Fifth Avenue
The pair created a '40-60' joint venture, mirroring portfolio deal in Paris
By Benoît Léger
Business ImmoDecember 16, 2025 | 7:45 AM
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IN THIS ARTICLE
- Properties
- Companies
- Ardian France
Finance and Insurance
- Kering SA
Retailer
- Contacts
- Stephanie Bensimon
Head of Ardian Real Estate, Ardian France
- Jean-Marc Duplaix
Deputy CEO and Chief Operating Officer, Kering SA
- Omar Fjer
MD - Head of Real Estate France, Ardian France