European Luxury Retail
Real Estate
Real Assets
France
Mubadala has partnered with Ardian to invest in a portfolio of prime luxury retail properties in central Paris.
Mubadala, together with an Ardian-led club, has acquired a 60% interest in three iconic retail properties in Paris from French luxury goods group Kering. Kering retains a 40% ownership in the portfolio.
The portfolio includes a property on Place Vendôme and two other properties on Avenue Montaigne, leased to luxury brands such as Boucheron, Valentino and Saint Laurent.
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Paris - France
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