In 2018, Hines, on behalf of its European Core Fund (HECF), acquired 213 Rue St. Honoré, a 795-square-meter prime flagship store occupied by Saint Laurent.
Located in the 1st arrondissement of Paris, on the corner of rue St. Honoré and rue de 29 Juillet, the property sits between the Place Vendome and the Louvre. Over the years, the area around this location has gained prestige as a sought-after retail location in Paris with strong tourist footfall and a high concentration of luxury brands such as Chanel, Louis Vuitton, Dior, Moschino and Sandro.