Presidential 2022: LREM has broken its piggy bank to afford its new seat

LREM has just acquired two buildings in the 8th arrondissement of Paris

POLITICAL – Bigger, more functional, like a party that intends to run for a second presidential term. Exit rue Saint-Anne. La République en Marche will be leaving its premises in the 2nd arrondissement of Paris this summer for rue du Rocher in the very chic 8th arrondissement. The project announced in 2019 has finally materialized. 2,800 m2 premises were purchased for just over 35 million euros. This is the privilege of the richest party in France.

Between two Haussmann-style facades, a double building of seven and six floors joined by a large terrace will host the majority party from July 5. Located less than fifteen minutes on foot from the Élysée Palace, one of two parts of the building will initially remain unoccupied. “It will be able to house a campaign HQ”, explains Stanislas Guérini who visited for the edition of Paris Match published this Friday, May 11. In its ideal, the party sees it as a sort of “agora” for the militants.

As for the price, the n ° 1 d’En Marche puts it into perspective: “it’s cheaper than Solferino”, he points out. In 2017, the rose party had indeed sold its seat to the land company Apsys for 45 million euros. 35 million, however, it is a sum. “We made a good deal by buying these buildings which date from the 1960s and which require work to bring them up to standard”, commented to LREM, as reported. Challenges last September.

More than 110 million in five years

For the majority party, breaking the piggy bank to finally become an owner is not synonymous with empty cash registers. In the shadow of Emmanuel Macron following the victories of 2017, the party has constituted a real war chest when its rivals have to tighten their belts; even if the accumulated sums are smaller than in the boom years of the PS or the UMP.

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With the wave of Macronist deputies elected in 2017, 112 million euros of public money will be paid in five years. To this, we must add the contributions of activists (even if not all pay) and donations. As for the overall annual budget, it is of the order of 24 million euros.

If the exact figures of the accumulated jackpot are secretly kept, we knew in September 2020 that the party had released 7.6 million euros in surpluses and that it intended to save even more in the years to come. In 2022, the LREM candidate in the campaign will therefore be able to rest on a comfortable mattress and should be able to reach the authorized campaign spending limit of 22.5 million euros without problem (unlike 2017).

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