A Middle East-based investor has bought a portfolio of luxury hotels in France worth 700m euros (943m euros), according to Jones Lang LaSalle.
.
Constellation Hotels France, which already owns several hotels globally, on Monday bought the Concorde luxury hotel portfolio from Groupe du Louvre, an affiliate of American-owend Starwood Capital Group.
.
The purchase was the largest transaction in the European hotel market since 2011 and includes one of the biggest and most prominent hotels in Paris, Hôtel Concorde La Fayette, which overlooks the Eiffel Tower.
.
The portfolio covers a total of 1,724 rooms, with other hotels including Paris’ Hôtel du Louvre, the Hotel Martinez in Cannes, and the Palais de la Méditerranée in Nice.
.
Read more: http://www.arabianbusiness.com/mideast-investor-buys-940m-luxury-hotel-group--488317.html
Hello Everybody,
ReplyDeleteMy name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of $250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of $250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.