8 July 2025
MIMCO and Foncière Renaissance sign the acquisition of 91 Champs-Élysées
Published
08/07/2025

MIMCO and Foncière Renaissance announces the signing of the 91 Champs-Élysées, the beating heart of the Golden Triangle


MIMCO joint venture, in partnership with Foncière Renaissance, has just signed a preliminary agreement to acquire an iconic building located at 91 avenue des Champs-Élysées for €320 million, in the heart of Paris’s highly coveted Golden Triangle.


This exceptional asset, with a surface area of 4,200 sqm, enjoys a unique position on the most visited avenue in Europe, at the crossroads of retail, tourism, and office flows.


Located on the most central stretch of the legendary avenue, this real estate complex fully embodies the prestige of the neighborhood. A true “trophy asset,” it combines visibility, rarity, and value enhancement potential in an area undergoing significant transformation. Renowned luxury brands (such as Tiffany & Co. and Louis Vuitton) are reinvesting in the area, and major real estate players as well as leading occupiers are competing to establish a long-term presence there.


A high-potential asset in a transforming market


Currently occupied by several tenants, the building also includes strategic vacant spaces, paving the way for rapid repositioning. MIMCO and Foncière Renaissance plan to implement a targeted value-add strategy: improving occupancy, repositioning the building’s use, and upgrading the quality of its amenities. The objective: to unlock the full potential of this rare asset by aligning it with the highest market standards, both in terms of user experience and environmental performance.


A tailored architectural and technical intervention will breathe new life into the site, meeting the contemporary expectations of users with a focus on sustainability and excellence.


A landmark investment in a major urban dynamic


Through this acquisition, MIMCO and Foncière Renaissance reaffirm their ability to take positions in high-value-added operations on the capital’s most strategic thoroughfares. The 91 Champs-Élysées thus stands as a major anchor point on an avenue in transformation, one that plays a central role in projecting France’s global prestige.


In a context where prime parisian real estate is being reimagined to combine attractiveness, resilience, and best-in-class standards, this acquisition reflects an ambitious, structured, and forward-looking vision.
Christophe Nadal, Co-Founder and CEO of MIMCO Group.

Notre Actualité

02.04.2026

MIMCO announces the start of construction works at Altitude Oriente, a mixed residential programme developed in the Oriente district of Lisbon, in close proximity to Lisboa Oriente Train Station.

Announcement

30.03.2026

MIMCO Group announces the launch of the structural works phase of The Butler project, a mixed‑use real estate development located in the Bourmicht district of Bertrange. Underway since December 2024, the construction site reaches a decisive new milestone in the delivery of this innovative programme.

Announcement

19.03.2026

MIMCO and Foncière Renaissance successfully complete the acquisition of the building located at 91 avenue des Champs‑Élysées (Paris 8th), for a total amount of €320 million.

Announcement

09.03.2026

Against a backdrop of profound change in the commercial real estate market, MIMCO has published a new white paper on the evolution of the office in Europe: The Return of the Office – more human‑centered, more lifestyle‑oriented, and more flexible.

Announcement

Back
Scroll