Grosvenor in Paris
Paris, the city of lights, is one of Europe’s major centres for finance, fashion, science and the arts. Romanticised the world over, the French capital attracts visitors to enjoy its fine food, Haussmann architecture, galleries like Le Louvre and of course monuments including the Eiffel Tower, Sacre Coeur and the Arc de Triumphe.
Since 2004, we have been both an investor in and manager of retail portfolios throughout France, including in Paris, and have completed over €10 billion in investment transactions. In 2017, we changed our strategic focus in Paris in order to make the most of opportunities arising from the acceleration of economic growth in the capital.
We now invest in secondary offices; underutilised assets where we have identified opportunities to add value either through refurbishment to create sought after A-grade office space, or through repositioning and redevelopment into residential units.