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CitizenM

Hospitality 01/04/2019

Singapore's GIC takes 25% stake in Dutch hotel firm citizenM, valuing it at €2bn

Singapore sovereign wealth fund GIC has acquired a 25% equity interest in Netherlands-based hotel developer and operator citizenM, valuing the hotel group at €2bn.  The investment makes GIC the third (...)

Hospitality 15/06/2018

Dutch hotel group CitizenM acquires Paris Champs-Élysées site for €80m

The Dutch boutique hotel group CitizenM has paid €80m for a 4,500 sqm site on the prestigious av. des Champs-Élysées in Paris from French developer Faure (...)