Real Estate
Kering Completes Sale of Majority Stake in Prime Parisian Real Estate Assets to Ardian
Kering has successfully completed the sale of a majority stake in its prime Parisian real estate assets to Ardian, a leading global investment firm. This strategic move positions Kering to focus more on its core luxury brands while optimizing its portfolio.
real estate news
Kering Sells Majority Stake in Prime Parisian Real Estate to Ardian
Kering, the luxury fashion group, has completed the sale of a majority stake in its prime Parisian real estate assets to Ardian, a leading private investment company. This strategic move highlights the company's focus on optimizing its portfolio and enhancing shareholder value.
real estate news
Kering Completes 350 Million Euro Sale of The Mall Luxury Outlets to Simon
Kering has officially finalized the sale of its entire stake in The Mall Luxury Outlets to Simon, a prominent U.S.-based real estate investment trust, in a deal worth 350 million euros.
real estate news
Kering and Ardian Announce Strategic Investment in Paris Real Estate
Kering and Ardian have signed a significant investment agreement, focusing on prime real estate assets in Paris. This move is expected to bolster both companies' portfolios and strengthen their presence in the luxury and investment sectors.
Real Estate
Kering Aims to Close Property Deal by Early 2025 to Reduce Debt
Kering, the luxury conglomerate, is on track to finalize a deal by early 2025 that will offload its real estate assets to a new entity, helping to cut down its debt burden.
Real Estate
Salma Hayek's Wealth Empire: A Peek into Her Net Worth, Investments, and Luxury Lifestyle
Salma Hayek's net worth is estimated to be around $250 million, thanks to her wise investments in real estate, stocks, and brand endorsements.