Bain Capital, Revcap, and Black Swan announce a joint investment in the redevelopment of a prime mixed-use building on the Champs-Élysées, enhancing retail and office space to meet market demand.
Information on the Target
Bain Capital, Revcap, and Black Swan have announced a strategic investment in the prime mixed-use building located at 29–33 Avenue des Champs-Élysées in Paris. This property is situated in one of the world’s most notable retail corridors and is currently in a vacant state. The joint venture aims to redevelop the asset into three flagship retail units alongside modern office space, designed to cater to the long-term requirements of global brands and corporate tenants.
The redevelopment initiative benefits from an existing building permit and features a fully stripped interior, facilitating an efficient redesign process. This investment underscores a strong belief in high-quality European real estate, particularly in locations with ongoing international tourism and scarce availability of substantial flagship retail units.
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Industry Overview in France
The retail sector in France, and particularly in Paris, remains robust due to high international tourist traffic and a resilient consumer base. The Champs-Élysées itself is renowned for its attrac
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Bain Capital, Revcap, Black Swan
invested in
29–33 Avenue des Champs-Élysées
in 2026
in a Joint Venture deal