22 September 2023
MIMCO AM will take part in the redevelopment of the building at 150 Champs-Élysées Paris
Published
22/09/2023

Groupama is selling the iconic building at 150 Avenue des Champs-Élysées to Cheval Paris, an investment fund managed by MIMCO Asset Management.


MIMCO Asset Management will act as the fund’s manager, but also as Asset Manager. Located just a stone’s throw from the Arc de Triomphe, on the upper part of the avenue, this asset with a current surface area of 18,000 sq.m., will be restructured while preserving its identity and history.


The project currently has a building permit to accommodate a 5-star hotel and commercial cells.


With the management of the Cheval Paris Fund, the MIMCO Group’s assets under management now exceed 1.2 billion euros, symbolizing its exponential growth in France and Europe.


“We are flattered by the confidence of the fund’s investors. We are very pleased to be involved in the development of this historic building. Our expertise as a real estate operator has been acclaimed on this project, which demonstrates an appreciation of our know-how on complex and large-scale assets”.


Christophe Nadal, co-founder and President of MIMCO AM, comments: “Our French subsidiary has been growing strongly since its creation. By offering high-level investment vehicles and management, we meet the requirements of high-level investors. Our agile and transparent long-term vision, coupled with the expertise of our teams, has enabled us to establish ourselves in the European asset management and fund management landscape


Notre Actualité

20.07.2026

MIMCO announces the launch of strip‑out works at the Maison Pierre Orsi project, located on Place Kléber in the heart of Lyon's 6th arrondissement. Begun in early June 2026, these works represent the opening stage of the building's rehabilitation and signal the project's concrete entry into the construction phase.

Announcement

06.07.2026

MIMCO announces the official start of construction works at the 48 Notre‑Dame‑des‑Victoires project, located in the 2nd arrondissement of Paris. General contractor PETIT has been on site since April 2026, marking the project's entry into its active construction phase.

Announcement

30.06.2026

MIMCO announces the complete reservation of all apartments in the Santos Townhouse project, located in the sought‑after residential neighbourhood of Santos in Lisbon. This milestone marks the end of the project's commercialisation phase, in line with the initial objectives of the club deal, and paves the way for the investor repayment process.

Announcement

18.06.2026

The MIMCO group is making a strong start to the season by entering directly into 2nd place in the 2026 Gestion de Fortune Rankings, in the Real Estate Private Equity category.

News

Back
Scroll