Adviser Christie + Co has sold the freehold interest of the Marciano Lafayette Hotel in Paris on behalf of a private individual to Holiday Villa Hotels and Resorts, a division of Malaysian company Advance Synergy Berhad. The investment volume was not disclosed but the asking price was EUR 6 mln.
Adviser Christie + Co has sold the freehold interest of the Marciano Lafayette Hotel in Paris on behalf of a private individual to Holiday Villa Hotels and Resorts, a division of Malaysian company Advance Synergy Berhad. The investment volume was not disclosed but the asking price was EUR 6 mln.
Located in the heart of the French capital, the 38-bedroom hotel marks the first acquisition in the country for Holiday Villa Hotels and Resorts, which also operates the Holiday Villa Hotels and Suites London in Bayswater.
The company currently owns eight properties and manages 10 others spread across Asia, Australia, Africa, Malaysia, the Middle East, the UK and the People's Republic of China.
Established in 1935, Christie + Co is the leading business agent specialising in the hotel, public house, restaurant, retail, leisure and healthcare markets.
