CANNES Real Estate Portfolio · 2020. 11. 9. · residential area in Cannes . Here, Palais des Festivals, Boulevard de la Croisette, Rue d’Antibes, and the white beaches are all

Real Estate PortfolioAn extraordinary investment opportunity

CANNES

Investment Highlights . . . . . . . . . . . . . . . 4

Attractive Real Estate Portfolio . . . . . . . . . . 6

Explore the Area . . . . . . . . . . . . . . . . . . 8

The Properties . . . . . . . . . . . . . . . . . . 10

The Scandinavian Suite Flats . . . . . . . . . . 12

The Scandinavian Urban Building . . . . . . . 16

The La Guitare Apartments . . . . . . . . . . . 20

Financial Key Figures . . . . . . . . . . . . . . 24

Welcome to Cannes . . . . . . . . . . . . . . . 25

About M. Goldschmidt Group . . . . . . . . . . 26

Contact details and Disclaimer . . . . . . . . . 27

Contents

3

14 apartmentsFour central

Cannes locationsPerfectly located close to

Palais des FestivalsNear main and high-end

shopping streets

Investment Highlights

4

All year-round holiday apartments

Close to the white beaches

All properties are newly renovated and

well-maintained

Attractive investment portfolio

5

Attractive Real Estate Portfolio

An extraordinary real estate portfolio for sale. The portfolio consists of four properties with 14 apartments in total.

All four properties are located in the most desirable

residential area in Cannes . Here, Palais des Festivals,

Boulevard de la Croisette, Rue d’Antibes, and the

white beaches are all in walking distance . The

central location makes the properties very attractive

to the great number of holiday- makers and

conference attendees, who visit Cannes every year .

Since the total number of inhabitants in Cannes is

below 200,000, the regulations for short term rental

are soft compared to the rules applying in bigger

cities . This is a great investment advantage, as an

optimized rental process is possible all year round .

OVERVIEW OF THE PROPERTIES

Property Location Floor Apartments Sq m Rooms

(beds)

1 Scandinavian Suite 1 9 Rue États-Unis 2nd 1 114.65 4 (8)

2 Scandinavian Suite 2 21 Rue États-Unis 4th 1 115.46 4 (8)

3 The Scandinavian Urban Building 26 Bivouac Napoléon Ground - 4th 4 121.03 7 (14)

4 The La Guitare Apartments 8 Rue la Fontaine 2nd and 3rd 8 279.37 8 (16)

6

1

4

3

2

7

Explore the Area

Palais des Festivals

Gare de Cannes (train station)

Vieux Port de Cannes

La Croisette Beach

Rue d’Antibes (main shopping street)

Boulevard de la Croisette

1 43Cannes - Mandelieu Airport (6 km)

Nice Côte d’Azur Airport (26 km)

2170 m

300 m

400 m

700 m

8

Boulevard de la CroisetteLinking the beach and the city, the Boulevard de la

Croisette is a very prominent and beautiful street .

The three kilometres long promenade presents

a diversified sidewalk with hotels, restaurants,

well-known brand stores, sandy beaches, gardens,

and the new harbour, Pierre Canto .

Palais des FestivalsHosting the International Film Festival, Palais des

Festivals is world known . Each year, the congress

centre welcomes more than 300,000 conference

attendees from all over the world, making Cannes a

popular business destination .

Rue d’AntibesOn Rue d’Antibes, all the favourite High Street

brands of France are represented . Fashion

boutiques, jewellers, perfumeries, and interior

design shops decorate the street scene and provide

excellent shopping opportunities .

Property

1 Scandinavian Suite 1 (1 apartment)

2 Scandinavian Suite 2 (1 apartment)

3 The Scandinavian Urban Building (4 apartments)

4 The La Guitare Apartments (8 apartments)

9

Hoche

Pointe Croisette

lon Provençal

Longue

La Batterie

Californie

Les Gabres

Le Riou

Les Jardinsde Babylone

mond Picaud


Prom

enade de

la Pantiero

Boulevard Alexandre III

Aven

Avenue du Maréchal Juin


Aven

ue Ba

chag

a Bou

alam

Boulevard Jean Hibert

Quai Saint-Pierre

Boulevard du Midi

rnot

Rue Georges lemenceau

Bo

ulevard du Riou

Boulev

ard Eu

gène

Gazag

naire

Boul

evar

d Eu

gène

Gaz

agna

ire

Boulevard de la République


Boul

evar

d de

la C

rois

ette

Avenue de Grasse

Ave nue de Grasse

Avenue de Grasse

Ru

e Lo

siuBl

anc

Rue d'Antibes

Rue d'Antibes

Avenue Jean de Lattre de Tassigny

Boul

ev

ard de

l'Obs

erva

toire

Avenue du M

arécha

l Gallieni

Avenue du Roi Albert 1er

Aven

ue d

u Ro

i Al

bert

1er

Chemin de Saint-Nicolas

d Brougham

Boulevard Jean Guyne mer

Boul

evar

d Eu

gène

Trip

et

Avenue Jean de Noailles Avenue de la Californie

Boulevard Saint-Mhc

iel

Bouleva

rd de la

Sourc

e

Boulevard de la S

ource

Boulevard de la Source

Rue Jame

s Grant-M

ilne

Rue Guy de Maupassant

Rue du Général Ferrié

Boulevard de Lorraine

Aven

ue L

Avenue des Hespérides

Aeu

nev

de la Favorite

Rue Jeande Riouffre

Boulevard Montfleury

Avenue Saint-Nicolas

Rue

taL ou

r M

aubo

gr u

Rue Bertrand Lépine

Parc Ca

Chem

in d

e M

ontr

ouge

Boul

evar

d M

étro

pôle

Boulevard du Moulin

Avenue Louis Grosso

e du Grand Pré

Avenu

e de

s Phar

aons

ste rel

Aevnue André Capron

Rue du Pont Romain

Rue

des

État

s-U

nis

Esplanade du Golfe

Ch

emin

deï

Ou

ilvie

Boulevard des Pins

Boulevard d'Alsace

Boulevard d'Alsace

Boul

evar

d Be

ausi

te

e Saint-Louis

Avenue

Isola B

ella

de la Plage

Allée des Palmiers

Allée

des O

liviers

RueSaint-Ferréol

Rue Louis Nouveau

Rue Henri Paschke

Rue Eugène Brieux

Rue du Cros Vieil

Chemin d

e CaldanaCh

emin d

e Caldan

a

Chem

in B

eaus

éjo

ur

Jean

eune

vA Je

pser

C na

Avenu

e Cos

tebella

Aven

ue B

eaus

éjou

r

Rue P. Serralier

Rue Marius M

oit

n

Rue

Had

dad

Sim

on

Avenue Tropicale

Aven

ue Lil

y Pons

Aven

ue d

e M

adrid

Avenue de Lérins

Aven

ue d

e Lé

rins

Rue Ricord La

yt

Rue Jean JaurèsRue Jean Jaurès Rue Jean Jaurès

Rue

de la

Mar

ne

Chem

in B

eaus

ite

Avenue Jus

ainit

Avenuesn

iP s

ed

Rue Notre-Dame

Rue

Mar

guer

ite

Rue Golfe Juan

Rue de Suffren

R eude

s Se

ebrs

Rue de Belfort

Avenue W

indsor

Aven

ue F

énel

on

Rue Velasquez

R

Rue

Jean

Mac

é

Rue

du R

o

Rue

de R

ussi

e

Rue de

Mimon

tRue d

e Mimont

Rue

de C

olm

ar

Rue de Bernis

Rue Lycklama

e Nancy

Rue

Past

eur

Rue Molière

Rue Marceau

Rue

de M

etz

Rue C

irrod

e

Rue Buttura

Rue Borniol

Rue Rouaze

Rue Rouaze

Rue Legoff

Rue Lecerf

Rue L

acou

r

Rue

Hibe

rtRu

e du

Pré

Rue du Lys

Rue du Lac

Rue

Volta

Rue Roger

Rue Merle

Rue Baron

Rue Félix FaureR

ue Me

ynadier

Rue HocheRue Hoche

Jetée Albert-Edouard N

ord

Quai Croisière

An

La Littorale

départementadu massif

du Paradou

Vieux Portde Cannes

Port PierreCanto

Port duMourreRouge

Port PointeCroisette

InstitutStanislas

CollègeCapron

Campusuniversitairede Cannes

PointeCroisette

Rue dela castreR

iou

Cannes-Îles de Lerins

Gare du Cannes

CScandinavian Suite 1

The Scandinavian Urban Building

Scandinavian Suite 2

The La Guitare Apartments

1

3

2

4

The Properties

10

Hoche

Pointe Croisette

lon Provençal

Longue

La Batterie

Californie

Les Gabres

Le Riou

Les Jardinsde Babylone

mond Picaud


Prom

enade de

la Pantiero

Boulevard Alexandre III

Aven



Aven

ue Ba

chag

a Bou

alam

Boulevard Jean Hibert

Quai Saint-Pierre

Boulevard du Midi

rnot

Rue Georges lemenceau

Bo

ulevard du Riou

Boulev

ard Eu

gène

Gazag

naire

Boul

evar

d Eu

gène

Gaz

agna

ire

Boulevard de la République


Boul

evar

d de

la C

rois

ette

Avenue de Grasse

Ave nue de Grasse

Avenue de Grasse

Ru

e Lo

siuBl

anc

Rue d'Antibes

Rue d'Antibes

Avenue Jean de Lattre de TassignyBo

ulev

ard de

l'Obs

erva

toire

Avenue du M

arécha

l Gallieni

Avenue du Roi Albert 1er

Aven

ue d

u Ro

i Al

bert

1er

Chemin de Saint-Nicolas

d Brougham

Boulevard Jean Guyne mer

Boul

evar

d Eu

gène

Trip

et

Avenue Jean de Noailles Avenue de la Californie

Boulevard Saint-Mhc

iel

Bouleva

rd de la

Sourc

e

Boulevard de la S

ource

Boulevard de la Source

Rue Jame

s Grant-M

ilne

Rue Guy de Maupassant

Rue du Général Ferrié

Boulevard de Lorraine

Aven

ue L

Avenue des Hespérides

Aeu

nev

de la Favorite

Rue Jeande Riouffre

Boulevard Montfleury

Avenue Saint-Nicolas

Rue

taL ou

r M

aubo

gr u

Rue Bertrand Lépine

Parc Ca

Chem

in d

e M

ontr

ouge

Boul

evar

d M

étro

pôle

Boulevard du Moulin

Avenue Louis Grosso

e du Grand Pré

Avenu

e de

s Phar

aons

ste rel

Aevnue André Capron

Rue du Pont Romain

Rue

des

État

s-U

nis

Esplanade du Golfe

Ch

emin

deï

Ou

ilvie

Boulevard des Pins

Boulevard d'Alsace

Boulevard d'Alsace

Boul

evar

d Be

ausi

te

e Saint-Louis

Avenue

Isola B

ella

de la Plage

Allée des Palmiers

Allée

des O

liviers

RueSaint-Ferréol

Rue Louis Nouveau

Rue Henri Paschke

Rue Eugène Brieux

Rue du Cros Vieil

Chemin d

e CaldanaCh

emin d

e Caldan

a

Chem

in B

eaus

éjo

ur

Jean

eune

vA Je

pser

C na

Avenu

e Cos

tebella

Aven

ue B

eaus

éjou

r

Rue P. Serralier

Rue Marius M

oit

n

Rue

Had

dad

Sim

on

Avenue Tropicale

Aven

ue Lil

y Pons

Aven

ue d

e M

adrid

Avenue de Lérins

Aven

ue d

e Lé

rins

Rue Ricord La

ytRue Jean Jaurès

Rue Jean Jaurès Rue Jean Jaurès

Rue

de la

Mar

ne

Chem

in B

eaus

ite

Avenue Jus

ainit

Avenuesn

iP s

ed

Rue Notre-Dame

Rue

Mar

guer

ite

Rue Golfe Juan

Rue de Suffren

R eude

s Se

ebrs

Rue de Belfort

Avenue W

indsor

Aven

ue F

énel

on

Rue Velasquez

R

Rue

Jean

Mac

é

Rue

du R

o

Rue

de R

ussi

e

Rue de

Mimon

tRue d

e Mimont

Rue

de C

olm

ar

Rue de Bernis

Rue Lycklama

e Nancy

Rue

Past

eur

Rue Molière

Rue Marceau

Rue

de M

etz

Rue C

irrod

e

Rue Buttura

Rue Borniol

Rue Rouaze

Rue Rouaze

Rue Legoff

Rue Lecerf

Rue L

acou

r

Rue

Hibe

rtRu

e du

Pré

Rue du Lys

Rue du Lac

Rue

Volta

Rue Roger

Rue Merle

Rue Baron

Rue Félix FaureR

ue Me

ynadier

Rue HocheRue Hoche

Jetée Albert-Edouard N

ord

Quai Croisière

An

La Littorale

départementadu massif

du Paradou

Vieux Portde Cannes

Port PierreCanto

Port duMourreRouge

Port PointeCroisette

InstitutStanislas

CollègeCapron

Campusuniversitairede Cannes

PointeCroisette

Rue dela castreR

iou

Cannes-Îles de Lerins

Gare du Cannes

C

1 43

2

11

The Scandinavian Suite Flats

9 & 21 Rue États-Unis

On Rue États-Unis, two individual suite flats fulfil all

requirements for a luxurious stay . The apartments

are furnished in similar welcoming style, have

fully equipped kitchens, and from the balconies a

stunning seaside view awaits . Digital badge keys

combined with elevator in both buildings provide

convenient access for all guests . The Scandinavian

Suite Flats are exceptionally well located on Rue

États-Unis where no heavy traffic occurs . Cáfes,

restaurants and exclusive fashion shops such as

Philip Plein and Brunello Cucinelli are right down

the street, all contributing to the luxurious and

comfortable atmosphere . The rest of Cannes is also

well within reach; Boulevard de la Croisette and the

beaches are a 2-minute walk away and the Palais

des Festivals can be reached in just 5 minutes .

12

FACTS & FIGURES

Suite 1 (9 Rue États-Unis)

Living space 114.65 sq m

Floor 2nd

Bedrooms 4

Bathrooms 4

Kitchen Fully equipped

Balcony exposition West

Living room Yes

Service room Yes

Suite 2 (21 Rue États-Unis)


Floor 4th

Bedrooms 4

Bathrooms 4

Kitchen Fully equipped

Balcony exposition West

Living room Yes

Service room Yes

Hallway Yes

13

The Scandinavian Urban Building

26 Bivouac Napoléon

The Scandinavian Urban Building consists of 4

apartments on the 1st, 2nd, 3rd, and 4th floor and

a small restaurant at the ground floor . This com-

position makes the property unique, as it provides

great conditions for an aparthotel with in-house

breakfast .

The Scandinavian Urban Flats are perfectly located

with Rue d’Antibes and Boulevard de la Croisette

at opposite ends of the street . Palais des Festivals

is a 2-minute walk from the building, making the

Scandinavian Urban Flats particularly convenient to

conference attendees .

About the restaurantWith 29 square metres of cosy atmosphere in a

central location, the restaurant provides excellent

possibilities to open a small store, shop or café .

The premises are in great condition and can be

brought into use for various purposes .

16

FACTS & FIGURES

Scandinavian Urban Flat 1


Floor 1st

Bedrooms 2

Bathrooms 2

Kitchen Equipped



Floor 2nd

Bedrooms 2

Bathrooms 2

Kitchen Equipped



Floor 3rd

Bedrooms 2

Bathrooms 2

Kitchen Equipped



Floor 4th

Bedrooms 1

Bathrooms 1

Kitchen Equipped

Living room Yes

17

The La Guitare Apartments

8 Rue la Fontaine

The La Guitare property consists of 8 individual

apartments, 6 studio flats and 2 two-roomed

apartments, located on the 2nd and 3rd floor .

All flats are similar in style, and the high-ceilinged

rooms provide a spacious feeling . The building

is accessed with hotel-style key cards, and the

elevator ensures easy entry to the flats .

Cafés, restaurants, fashion shops, and other

great facilities in the cosy street with no heavy

traffic creates a cheerful yet relaxing atmosphere .

The best shopping street of Cannes, Rue d’Antibes,

is just around the corner, and Palais des Festivals

is less than a kilometre away . When following the

route along the coast at Boulevard de la Croisette,

the walk to the congress centre is incredibly

beautiful .

20

FACTS & FIGURES

2nd floor

La Guitare 21 25.58 sq m




Total living space 140.37 sq m

3rd Floor





Total living space 139.00 sq m

21

Financial Key Figures

EXPECTED INCOME IN 2021

EUR

Scandinavian Suite 1 116,314

Scandinavian Suite 2 110,157

The Scandinavian Urban Building 145,598

The La Guitare Apartments 112,855

Total expected income 484,924

SALES PRICE

LOT no. Property Price FAI (EUR)

1 Scandinavian Suite 1

9 Rue Éstats-Unis, 2nd floor

2,250,000

2 Scandinavian Suite 2

21 Rue Éstats-Unis, 4th floor

2,500,000

Subtotal 4,750,000

3 The Scandinavian Urban Building

26 Bivouac NapoléonRestaurant

Scandinavian Urban Flats

900,000

2,850,000

Subtotal 3,750,000

4 The La Guitare Apartments

8 Rue la Fontaine

2nd floor

3rd floor

1,270,000

1,230,000

Subtotal 2,500,000

1-4 Total sales price 11,000,000

24

50 international events each year

2 million staying visitors each year

30 minutes from the airport, Nice Côte d’Azur

500 restaurants and cafés

Located on the French Riviera, Cannes is

associated with luxurious surroundings and

international events, and the city is known

worldwide for hosting the International Film

Festival . Each year in May, the festival attracts

almost 200,000 visitors and professionals and the

event is of major economic benefit for the Cannes

area . Besides the International Film Festival,

Cannes offers numerous opportunities . High-end

shopping, international conferences and events,

gastronomical delights, outdoor sports, and

cultural experiences make the city an attractive

destination for both business and leisure tourism .

Cannes indeed provides a contemporary and

authentic lifestyle that is enjoyed by visitors from

all over the world .

Welcome to Cannes

25

About M. Goldschmidt Group

The M . Goldschmidt Group is a well-respected

Danish conglomerate, whose primary activities

are within real estate investments . The group was

founded by Mikael Goldschmidt in 1979, and today

more than 2,000 employees in 35 companies

ensure its many activities . The real estate portfolio

presented in this sales prospectus is owned by

MGE France, a subsidiary of the M . Goldschmidt

Group . MGE France was founded in 2017 with the

purpose of acquiring well-situated entities and

offering short term rental apartments all year

round . Selling MGE France and the Cannes real

estate portfolio is part of a strategic decision to

focus on the group’s activities in Denmark .

26

Contact detailsWant to know more about the Cannes real estate portfolio? Visit www.mgh.dk/mge-france or reach out.

DISCLAIMERThis document is intended

only as a general outline

for guidance to potential

purchasers, and it does not

constitute any part of an offer

or contract .

Whilst the M . Goldschmidt

Group and MGE France have

used all reasonable endeavours

to ensure that the information

in this document is materially

correct, any potential

purchaser should not rely on

the content as statements

or representations of fact,

but must satisfy themselves

by thorough due diligence

including inspection, searches,

enquiries, surveys or otherwise

as to their accuracy .

Neither MGE France nor the

M . Goldschmidt Group can be

held liable for inaccuracies,

errors or omissions in the

document or for any changes

in the information presented in

the document .DIRECTOR

Birger SørensenTel . (+45) 20 41 62 29

Mail: bbs@mgh .dk

27

M. Goldschmidt Ejendomme A/S

Grønningen 25

1270 København K

Tlf. (+45) 33 63 09 00

www.mgh.dk

Documents

CANNES Real Estate Portfolio · 2020. 11. 9. · residential area in Cannes . Here, Palais des Festivals, Boulevard de la Croisette, Rue d’Antibes, and the white beaches are all