28 November 2024
MIMCO: A New Strategic Acquisition on the Champs-Élysées
Published

On November 27, 2024, MIMCO finalized the acquisition of a commercial property located at 50 Avenue des Champs-Élysées, on the south side. Following an initial operation at 150 Champs-Élysées, MIMCO once again secures a presence on this prestigious address, further demonstrating its ability to execute “Prime” transactions in Paris.


MIMCO, a group specializing in real estate revaluation and alternative asset management, structured a real estate club deal allowing private investors to become indirect co-owners of a property located at 50 Avenue des Champs-Élysées on the south side.


The asset is situated in a highly desirable location, near prestigious brands such as Lacoste, Lancôme, and Galeries Lafayette Champs-Élysées.


Through this investment, MIMCO enables investors to position themselves in an asset typically inaccessible to them, as it is usually reserved for major institutional players.


The Champs-Élysées is not only an international showcase but also a highly dynamic economic area, with an extremely low vacancy rate, currently below 5%.

“We offer the opportunity to benefit from the exceptional value of the Champs-Élysées, a market that is historically stable yet evolving, as confirmed by recent transactions,” emphasizes Christophe Nadal, Co-Founder and CEO of the MIMCO Group.


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