Overview
- The executive bureau unanimously approved the €31.4 million offer and will sign the final sale agreement in the coming days.
- The sale price represents a €3.6 million drop from the 2019 purchase cost and will generate about €20 million in net cash after repaying €10 million in loans.
- Renaissance will move into a rented 2,000 m2 office at 11-13 avenue Robert Schuman this autumn, reducing maintenance costs by roughly €1 million per year.
- The oversized, seven-story headquarters had become underused following membership declines below 10,000 and two legislative defeats.
- Attal opened an internal debate on potentially renaming the party as part of a wider rebranding effort ahead of the 2027 elections.