Bernard Arnault, the founder of the LVMH group, acquired three new prestigious Parisian addresses this summer.
Parisian real estate is in vogue. Several large French groups are currently buying buildings in the capital’s most beautiful districts.
Earlier this week, Groupama Immobilier completed the sale of a property on the Champs-Élysées to the Cheval Paris fund, with a capital gain of 400 million euros.
Bernard Arnault himself has bought three buildings in the capital, for 900 million euros, acquired from the heirs of the billionaire Claude Dray.
Featured photo : © DR