Tikehau Capital with Le Groupe de l’Hôtellerie, the hotel management, investment and development specialist, acquire two hotels in central Paris through Tikehau Capital’s Real Estate Value-Added fund.
The Hotel Corona Opéra and the Hotel Touraine Opéra are both three-star hotels with a combined capacity of 97 rooms. These hotels are located in the historical 9th district of Paris, close to the Paris Opera and the large department stores. Built during the 19th century, the hotels have strong potential for development, while the hospitality and leisure sector in Paris is growing and offers many opportunities.
This operation is Tikehau Capital’s Real Estate Value-Added fund’s third acquisition following its partnership with Bouygues Immobilier, for the Charenton-Bercy redevelopment project in the Greater Paris area, and the acquisition of the Nicholsons Shopping Center in Maidenhead, United Kingdom.
Launched in June 2018, this pan-European value-added fu