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CASE Corporate Finance acted as financial advisor to Caisse des Dépôts et Consignations/AEW Ciloger for the renewal of the Louvre Museum car park sub-concession contract

December 4, 2017

Following a tender process orchestrated by CASE Corporate Finance, Caisse des Dépôts et Consignations as concession holder and AEW Ciloger as asset manager have awarded a 24-year sub-concession contract of the Louvre Museum car park to Indigo, the largest European car park operator.

Located within the premises of the world’s most visited museum, the Louvre Museum car park constitutes a major off-street parking facility in the heart of Paris with 620 car park spaces and more than 80 bus park spaces.

Indigo will start operating the Louvre Museum car park as of 1st January 2018.

CASE Corporate Finance acted as sole financial advisor to Caisse des Dépôts et Consignations and AEW Ciloger.

This new transaction is confirming the deep knowledge of CASE Corporate Finance of the car park space in Europe. Indeed, CASE’s team acted as sole financial advisor on 5 car park closed transactions in the past 12 months (on top of the above, disposal of Urbis Park Services to Transdev Stationnement, disposal of Urbis Park’s concession portfolio to Mirova, acquisition of Alfa Park by Effia, acquisition of Parkeren Rosalaere by Effia).