As of yesterday, theHôtel de Nocé, located at 26 Place Vendôme, as well as 35-37 and 56 Avenue Montaigne are officially part of the portfolio of a newly created joint venture formed by Kering and Ardian, in accordance with the terms announced on January 15.
Transaction finalized between Kering and Ardian in Paris
The luxury group retains a 40% stake in the joint venture, which owns three assets on Place Vendôme and Avenue Montaigne.
By Benoît Léger
Business ImmoMarch 28, 2025 | 11:42 AM
This is a machine translation. Automated translations are intended solely as a convenience and are not legally binding.
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IN THIS ARTICLE
- Properties
- Hôtel de Nocé
26 Place Vendôme, Paris, PAR
- Companies
- Kering SA
Retailer
- Ardian France
Finance and Insurance
- Mubadala Investment Company
Finance and Insurance
- Contacts
- Francois-Henri Pinault
Chairman and Chief Executive Officer, Kering SA
- Stephanie Bensimon
Head of Ardian Real Estate, Ardian France
- Khadija Benzit
Head of Europe, Real Estate Investments, Mubadala Investment Company