In the context of the dynamic commercial property market in Paris, Asian and Middle Eastern institutions have targeted the city for property investments. Recent research shows that sovereign wealth funds, insurance companies and developers have invested heavily in cross-border investments during the past two years. In 2013, total investment amounted to around $22 billion (€18.5 […]

One of the grandes dames of Paris hotels, the Hotel de Crillon, is undergoing its first major renovation since becoming a hotel in 1909. Work began in 2013 and is scheduled for completion in 2015.