It has become a key theme for the French commercial real estate market in 2023: luxury groups snapping up prime Parisian real estate. LVMH, headed by Bernard Arnault, has just bought 150 Champs-Élysées, in Paris's 8th arrondissement, as revealed by French media La Lettre. According to sister publication Business Immo's sources, the purchase price is around €1 billion.
LVMH Group Shops for €1 Billion Champs-Elyseés Building
The Deal Is the Biggest in France in 2023
Business Immo
December 8, 2023 | 10:53 AM
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