Kering

40, rue de Sèvres Paris 7 France

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$875.2 million -condo 100%; Manhattan 100%*

268th largest portfolio by dollar value

103,962 sqft – condo 100%; Manhattan 100%

2353th largest by SF

Kering is a Paris-based luxury retail brand holding company.

Seller company: 1 for $900 million

Borrower company: 1 for $450 million

Credit Agricole (1), Ardian (1)

• Kering and Ardian borrowed $450 million from Credit Agricole for 717 5th Avenue and 717 5th Avenue, Midtown East, Manhattan on December 15, 2025.

• Kering sold 717 5th Avenue and 717 5th Avenue, Midtown East, Manhattan for $900 million to Ardian on December 15, 2025.

• Wharton Properties sold 717 5th Avenue and 717 5th Avenue, Midtown East, Manhattan for $963 million to Kering on January 22, 2024.

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