Fairway advised the joint venture formed by Générale Continentale Investissement (GCI) and a family office backed by a major French industrial family in connection with the acquisition of the real estate complex located at 29 rue de Sèvres / 48 boulevard Raspail, in Paris’s 6th arrondissement.
This landmark asset, with a total floor area of approximately 13,500 sq m, was historically owned by the Banque de France, which launched a restricted tender process in 2025 for its disposal. The property, organized around a central courtyard and comprising residential units, office space (currently vacant), and ground-floor retail units (occupied by Guerlain and Bocage), represents one of the most significant real estate complexes on Paris’s Left Bank, ideally located opposite the Lutetia and Le Bon Marché.
“This building is a major component of Paris’s real estate heritage,” said Raphaël Raingold, Director at GCI. “Our ambition is to preserve its architectural identity while giving it a new lease of life and fully unlocking its potential. Its exceptional location at the corner of Boulevard Raspail and Rue de Sèvres makes it a unique address. Our goal is to restore it to its full splendor and make it a benchmark on the Left Bank.”
