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Accor

Finance 06/03/2024

The ambitions of Financière Saint James and a trio in the Paris property market

The partnership was signed last year, in March to be precise, between Financière Saint James and a trio of investors made up of Laurent (...)

Hospitality 31/10/2023

Corum buys a Rotterdam hotel for €46.3m

Following the signature of a hotel in Liverpool at the beginning of September 2023, SCPI Corum XL has lifted the veil on the off-plan (...)

Finance 12/10/2023

Accor launches €400m share buyback program

On Tuesday evening, Accor launched a €400m share buyback program from October 11 to April 11. This program follows the upgrading of its rating (...)

Finance 05/10/2023

Accor successfully places €500m hybrid perpetual bond issue

Accor today successfully placed a €500m perpetual hybrid bond with a 7.25% coupon. "The transaction was oversubscribed by approximately four times, reflecting renewed investor (...)

Hospitality 04/10/2023

Corum buys Liverpool hotel at 7.4% return

On 15 September, Corum signed a hotel-commerce-parking complex in Liverpool as part of its opportunistic strategy. Acquired for €18.4 million, the building, which offers (...)

Hospitality 03/10/2023

Covivio Hotels wants to accelerate its operations

Tugdual Millet knows all about Covivio's Hotels subsidiary, which he has taken over as Managing Director in spring 2021. And with good reason: he (...)

Finance 11/09/2023

"My priority is to continue to strengthen Keys REIM's DNA as an agile and innovative management company"

Business Immo: Last spring you took over as Chairman of Keys REIM. What is the current status of this management company? Vincent Férat: Keys REIM (...)

Office 07/07/2023

"Clearly, the current macroeconomic environment offers opportunities in pricing dislocations"

Shiraz Jiwa, Founder and CEO of The Valesco Group, is guest on BiTV. With him, we discuss the London-based investor's recently completed €460m acquisition of the Sequana (...)

Finance 05/07/2023

Only €6.2bn invested in French commercial property since the start of the year

After a sluggish start to the year, the French commercial property investment market has been even less active over the past three months. "At (...)

Hospitality 23/06/2023

[VIDEO] "Accor's premium, midscale and economy brands division has a wonderful portfolio to work with"

*Hotel News Now and Business Immo are part of the Costar group. (...)

Office 22/06/2023

Valesco completes the €460m acquisition of Accor’s Paris global HQ tower

The Valesco Group has completed, via a sale and leaseback, the €460m acquisition of Sequana Tower. The tower, in the Paris suburb of Issy-les-Moulineaux, (...)

Career 12/01/2023

Kamal Rhazali, General Secretary and General Counsel of Accor's Luxury & Lifestyle Division

Kamal Rhazali, 44, has been appointed Corporate Secretary and General Counsel of Accor's Luxury & Lifestyle division, effective February 1. He will also become (...)

Office 12/12/2022

“The evolution of coworking has become a revolution”

Business Immo Global : You founded the Regus Group, now IWG, in 1989. What trends did you identify in the office market at the (...)

Hospitality 17/11/2022

The Trigano family raises €220m to create a new hotel concept with Philippe Starck

The Trigano family has raised €220m from the French tourism fund Atream, chaired by Pascal Savary, to create a new hotel concept. To create (...)

Hospitality 07/11/2022

Extendam takes over the Novotel Rouen Sud to transform it

Paris-based pan-European hospitality investor Extendam has acquired the premises and business of Novotel Rouen Sud. The 134-room hotel (5,400 sqm), located in the Technopôle (...)

Hospitality 21/10/2022

"There is a potential of at least 1 500 new rooms in Spain for Accor's luxury brands"

BiTV Interviews welcomes Xavier Grange, Senior Vice President Development Southern Europe at Accor. The Paris-based global hospitality group inaugurated this week in Barcelona the first hotel of (...)

Office 29/09/2022

Accor sells its Issy-les-Moulineaux HQ for €465m

The Accor Group has announced that it has entered into exclusive negotiations with the Valesco Group to sell its headquarters, the Sequana Tower, for (...)

Office 30/08/2022

"What better place to set up your office than in a hotel?"

Business Immo: What is the origin of this partnership between Wojo and Kasada?   Olivier Granet: Kasada is currently the most active investor in the hotel (...)

Hospitality 08/07/2022

Extendam acquires two hotels off-market in Spain

Off-market, Extendam has acquired two new hotels in Galicia, in the centre of A Coruña. The fund has acquired a 59-room DoubleTree by Hilton (...)

Territories 23/06/2022

Morland Mixité Capitale is no more, long live La Félicité

Anne Hidalgo, mayor of Paris (left wing), unveiled the new name of the Morland Mixité Capitale building in the 4th arrondissement on Wednesday evening, (...)