The Sofitel in Nice

Christie + Co acted for the previous owners of the Sofitel in Nice to facilitate a change of ownership for this renowned, 152-bedroom, 4-star hotel. After a considerable amount of interest, which prompted a competitive bidding process, the shares were acquired by INVESCO’s European hotel real estate fund. The purchaser has subsequently let the hotel business to NH Hotels of Spain.

Comfort Inn Lille

The Paris office has been involved in a number of single asset transactions. After being instructed by Ecotravel to value 9 leasehold and freehold hotels, with a total of 323 rooms across France, we sold the freehold 84 bedroom Comfort hotel Lille to Paninvest.

Hotel George V in Calais

The hotel is located in central Calais, it benefits from 40 well decorated rooms and several meeting rooms. The net annual turnover exceeds €1,170,000.

The purcharsers are Mr François Dubrule and François Xavier Bourgois, via their company Oletis. The acquisition confirms Oletis’ strategy: benefiting from a 4,000 room portfolio in 2009, in 2 or 3 star hotel located in central cities.

Jardin de Paris

Christie + Co’s Paris office has acted on behalf of the purchaser of a portfolio of 10 Jardins de Paris branded hotels. The hotels accommodate a total of 430 bedrooms and are located across the heart of Paris and the city’s inner suburbs in prime trading locations. Christie + Co has subsequently been re-instructed to sell on eight of the hotels.

Campanile Saumur Hotel

Christie + Co has announced the sale of the 60-bedroom Campanile Saumur hotel. Located in the middle of parkland and overlooking the Chateau of Saumur, the property also benefits from a conference room and restaurant.The hotel was purchased by private hotel investor, Henri Leboursicot.

Comfort Hotel Evreux

The Paris office of Christie + Co are pleased to announce the sale of the Comfort Hotel Evreux. The 40-bedroom property, which also has two meeting rooms and a restaurant, was purchased by Pierre Guéret, owner of three hotels and several restaurants.

Christie + Co negotiates the sale of the 27 hotel Marmotte portfolio

Christie + Co has negotiated the sale of the Marmotte hotel portfolio. The 27 budget hotels, which are spread in various locations across France, have been acquired by Didier Ferré, one of the country’s main hotel franchisees. Christie + Co acted as the sole agent in the sale of the freehold properties.

Deux Rocs, Seillans

The Paris office of Christie + Co has sold Deux Rocs, a charming 14-bedroom hotel in Seillans, for the second time. Having acquired the hotel through Christie + Co, just over a year ago, the owner completely refurbished the property before putting it back on the market.The hotel occupies an excellent location in Seillans, which is considered to be one of the most beautiful medieval villages in the Var Region of Provence. Situated just 55km from Nice, it attracts a large number of international visitors. The property was quickly acquired by Mr and Mrs Malzac — a professional couple with hospitality sector experience.

Alpes Hôtel Genève, Annemasse

Christie + Co’s Paris Office sold the Alpes Hôtel Genève in Annemasse, near Geneva, off an asking price of €2.9m. The 94-bedroom, three-suite hotel is situated close to a skiing area and was sold on behalf of Caylon, a joint venture by France’s two biggest banks, Crédit Agricole et Crédit Lyonnais. The hotel was bought by a franchisee of Accor, France’s biggest hotel operator, with plans to re-brand it as an Ibis hotel.

Hôtel Gaillon, Paris

Christie + Co’s Paris Office sold the Hôtel Gaillon in a 4.5m euro deal. This 3-Star, 26-bedroom hotel, situated in central Paris and with an 80% occupancy rate, attracted interest from a number of investors and private purchasers. It was sold to the Daviet family who intend to restore the property to its original Parisien charm but keep the business running during the building work.