SFL: L'Occitane and Pierre Hermé Choose Galerie des Champs-Elysées as the Location of Their New Concept Store
December 07 2017 - 12:17PM
Business Wire
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86Champs
SFL (Paris:FLY):
Beauty products group L'Occitane and renowned pastry chef Pierre
Hermé have decided to combine their expertise and their retail
universes to offer consumers a unique and innovative shopping
experience in a shared store.
"We are partnering with L'Occitane and Pierre Hermé in creating
a welcoming and refined concept store. Rotating banners in the
Galerie des Champs-Elysées shopping centre is a factor in our
strategy to create value," said Pierre-Yves Bonnaud, SFL's Asset
Management and Client Management Director.
Other recent arrivals such as Häagen Dazs and a new pop-up store
offer attest to the shopping centre's retail appeal. Remodelled by
renowned architect Jean Nouvel, it occupies one of the most
attractive sites on the Avenue des Champs-Elysées in terms of
footfall which reaches five million visitors each year, thanks to
the mix of luxury goods and mass market banners in the immediate
neighbourhood. The imminent opening of a Galeries Lafayette
department store and an Apple store very close to the Galerie des
Champs-Elysées will draw even more visitors to this prime section
of the avenue.
The Galerie is 50%-owned by Crédit Agricole Assurances, through
its life insurance subsidiary Predica, and 50% by SFL.
GALERIE DES CHAMPS-ELYSEES86 Avenue
des Champs-Elysées 75008 Paris – Opening on 8 December 2017
About SFL
Leader on the prime segment of the Parisian tertiary real estate
market, Société Foncière Lyonnaise stands out for the quality of
its property portfolio, which is valued at €5.9 billion and is
concentrated on the Central Business District of Paris
(#cloud.paris, Edouard VII, Washington Plaza, etc.), and
for the quality of its client portfolio, which is composed of
prestigious companies in the consulting, media, digital, luxury,
finance and insurance sectors.
Stock market: Euronext Paris Compartment A – Euronext Paris ISIN
FR0000033409 – Bloomberg: FLY FP – Reuters: FLYP PA
S&P rating: BBB+ stable outlook
www.fonciere-lyonnaise.com
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version on businesswire.com: http://www.businesswire.com/news/home/20171207005970/en/
SFLThomas Fareng, Phone +33 (0)1 42 97 01
51t.fareng@fonciere-lyonnaise.comorGalivel & Associés
:Carol Galivel/Doriane FougèresPhone +33 (0)1 41 05 02
02galivel@galivel.com
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