1 building, 1 work : generalizing the percent-for-art
Art & Business | The French Ministry of Culture has launched an initiative to expand the “1% for art” from the public sector to the private, on a voluntary basis.
Thirteen real estate companies have signed an agreement pledging to commission a work of art by a living artist when constructing or restoring buildings. Names include the BNP Parisbas Real Estate investment fund, Pitch, Vinci, Bouygues Bâtiment Ile-de-France, Gecina, Eiffage… Emerige, highly active in high-end real estate, is spearheading the initiative. President Laurent Dumas is a collector and has already brought art into the group with an endowment fund, the creation of the […]
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