Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
This is the seventh in our series of posts looking at major projects that are enhancing parts of Paris. An extraordinary new building, the Fondation Louis-Vuitton pour la Création (Louis Vuitton Foundation for Creation), is scheduled to open in Paris’ Bois de Boulogne on October 27th.
The long-awaited reopening of the Picasso Museum is scheduled to take place on October 25th 2014, the 133rd anniversary of the Spanish-born artist’s birth. The re-launch was originally planned for June 2014. We reported on it back in April as part of our series on major projects that are enhancing parts of Paris.
Sales of famous Paris hotels continue apace. InterContinental Hotels Group (IHG) has recently agreed to sell the Le Grand hotel to the Qatari group Constellation Hotels Holding Limited for €330 million. The hotel currently has 470 guest rooms, including 70 suites. Constellation plans to renovate Le Grand at an estimated cost of €60 million.
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.
This is the sixth in our series of posts looking at major projects that are enhancing parts of Paris. The largest cultural and sporting complex in France, Arena 92, is currently scheduled to open at the end of 2016 in Nanterre in Paris’ western suburbs. The stadium is under construction on a former sports ground […]
The Peninsula Paris Hotel will open its sumptuous doors on August 1st on Avenue Kléber in the 16th arrondissement (district). The hotel is located near the Champs-Elysées and is a stone’s throw from the Arc de Triomphe.
This is the fifth in our series of posts looking at major projects that are enhancing parts of Paris. Parisian millionaire Cédric Naudon is transforming the Rue du Vertbois in the northern Marais neighborhood into a gourmet and design destination. The project, nicknamed ‘La Jeune Rue’ (the young street), aims to combine ethically sourced food […]
French real estate investment trust Foncière des 6ème et 7ème Arrondissements de Paris has recently bought a prestigious office complex from the French State for an undisclosed sum. The Abbaye de Penthemont is situated at the corner of the Rue de Bellechasse and the Rue de Grenelle in Paris’s 7th arrondissement (district).
This is the third in our series of posts looking at major projects that are enhancing parts of Paris. The Eiffel Tower, Paris’s most famous landmark in the 7th arrondissement (district), celebrated its 125th anniversary on March 31st this year. It is also undergoing a makeover that will transform its first level. One of the […]
Everyone has heard of the Palace of Versailles, one of the most sumptuous palaces ever built and a monument to the power and wealth of the Sun King, Louis XIV. The chateau of Vaux-le-Vicomte is smaller and less well-known but is a gem in its own right. And it was the inspiration for Versailles in […]