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Real Estate PortfolioAn extraordinary investment opportunity
CANNES
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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
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14 apartmentsFour central
Cannes locationsPerfectly located close to
Palais des FestivalsNear main and high-end
shopping streets
Investment Highlights
4
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All year-round holiday apartments
Close to the white beaches
All properties are newly renovated and
well-maintained
Attractive investment portfolio
5
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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
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1
4
3
2
7
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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
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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
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Hoche
Pointe Croisette
lon Provençal
Longue
La Batterie
Californie
Les Gabres
Le Riou
Les Jardinsde Babylone
mond Picaud
Boulevard de la Croisette
Prom
enade de
la Pantiero
Boulevard Alexandre III
Aven
Avenue du Maréchal Juin
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
Boulevard de la Croisette
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
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Hoche
Pointe Croisette
lon Provençal
Longue
La Batterie
Californie
Les Gabres
Le Riou
Les Jardinsde Babylone
mond Picaud
Boulevard de la Croisette
Prom
enade de
la Pantiero
Boulevard Alexandre III
Aven
Avenue du Maréchal Juin
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
Boulevard de la Croisette
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
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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
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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)
Living space 115.46 sq m
Floor 4th
Bedrooms 4
Bathrooms 4
Kitchen Fully equipped
Balcony exposition West
Living room Yes
Service room Yes
Hallway Yes
13
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14
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15
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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
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FACTS & FIGURES
Scandinavian Urban Flat 1
Living space 29.70 sq m
Floor 1st
Bedrooms 2
Bathrooms 2
Kitchen Equipped
Scandinavian Urban Flat 2
Living space 29.75 sq m
Floor 2nd
Bedrooms 2
Bathrooms 2
Kitchen Equipped
Scandinavian Urban Flat 3
Living space 29.52 sq m
Floor 3rd
Bedrooms 2
Bathrooms 2
Kitchen Equipped
Scandinavian Urban Flat 4
Living space 32.06 sq m
Floor 4th
Bedrooms 1
Bathrooms 1
Kitchen Equipped
Living room Yes
17
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18
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19
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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
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FACTS & FIGURES
2nd floor
La Guitare 21 25.58 sq m
La Guitare 22 47.94 sq m
La Guitare 23 28.73 sq m
La Guitare 24 26.26 sq m
Total living space 140.37 sq m
3rd Floor
La Guitare 31 27.72 sq m
La Guitare 32 33.20 sq m
La Guitare 33 42.42 sq m
La Guitare 34 27.64 sq m
Total living space 139.00 sq m
21
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22
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23
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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
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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
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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
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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
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M. Goldschmidt Ejendomme A/S
Grønningen 25
1270 København K
Tlf. (+45) 33 63 09 00
www.mgh.dk