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Hotel Industry News |
Saturday August 30th, 2008 |
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REPORT: Paris – Europe’s Most International Hotel Investment Market |
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Paris is at the top of the agenda for international investors, with all the five deals in the first half of 2000 being closed out by international buyers. The largest sale recorded to date in 2000 is the Hyatt Regency CDG for FF330 million, which was bought by Hospitality Europe BV (a Dutch company backed by US and Middle Eastern investors). The Hotel de Vigny and the Hotel Balzac were acquired by Pacific Hotels (a UK company) for FF155 million and FF236 million respectively. Other sales included La Tremoille (FF155 million) and the Trianon Rive Gauch (FF123 million), both of which were acquired by UK investors.
Full Report - click here
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Jones Lang LaSalle Hotels is the world's largest and most qualified specialist hotel investment banking services group. Through its 18 dedicated offices and the Jones Lang LaSalle network in more than 100 key markets it provides services in transactions, mergers and acquisitions, financial advice and capital raising, valuation and appraisal, asset management, strategic planning, operator assessment and selection and industry research.
To Visit The Jones Lang LaSalle Hotels Web Site Click Here
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