Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Paris has a wealth of vacant office property, with some estimating up to 800,000 m2 sits empty. One developer seized the initiative to create a new luxury hotel in a prime location. Le Parister was inaugurated in October and is the French capital’s latest five star hotel, adding to an already impressive roster. Lying in the […]
The City of Paris delivered the building permit for the Tours Duo project on 22nd September. The asymmetrical towers designed by architect Jean Nouvel will see the light in the French capital in 2020. Chosen during an international competition held by the City of Paris on 24th April 2012, the Ateliers Jean Nouvel will finally […]
The French hotel group Maranatha has announced its acquisition of five luxury hotels in Paris, and one in Nice, all part of the Hôtels du Roy family. Maranatha, a Marseille-based group founded in 2000 which owns 52 hotels in France — half of which are in Paris — has bought the six hotels for 360 […]
When César Ritz founded his palatial hotel in 1898, his vision was to offer “all the refinements that a prince could wish for his own home.” His wish came true. During its lifetime, many of the crowned heads of Europe have enjoyed the Ritz’s elegant luxury – hence the word “ritzy”.
The Concorde Opéra Paris hotel is undergoing a significant restoration program, prior to re-branding as the Hilton Paris Opéra in September 2014. The hotel remains open during the renovation work, which is scheduled for full completion in early 2015.
The Concorde luxury hotels portfolio – including the luxurious Hôtel du Louvre and Concorde Lafayette Hotel in Paris, sold to Constellation Hotels France, a Middle East-based investor with global hotel holdings. Jones Lang LaSalle Hotels represented the seller, Groupe du Louvre, a subsidiary of Starwood Capital. Starwood acquired the hotels as part of its takeover […]