Record acquisition on the Champs Elysées managed by MIMCO AM
The building at 150 de l’avenue is a “trophy asset”, the pinnacle of a real estate asset, with a unique and historic location. It is a complex of almost 18.000 sqm, very close to the Arc de Triomphe, on the odd side of the famous Champs Elysées avenue. It is an iconic building in many ways, starting with its prestigious address and history.
MIMCO Asset Management is the manager of the “Cheval Paris” fund, the new owner of the project held by international investors, but also the asset manager appointed to rethink and optimise the real estate operation and make it one of the most beautiful mixed-use projects in the capital.
MIMCO Asset Management, thanks to the expertise and know-how of its managers and teams, was able to convince renowned institutional investors to trust it to work on this ambitious project.
The assets under management of the MIMCO Group now exceed €1.2 billion with a range of in-house funds marketed by our partners CIF, FO and SGP.
We are thus confirming to our partners and investors our institutional quality of service and our technical expertise in value-added assets, which they benefit from via our funds or dedicated real estate club deals.