CMS Bureau Francis Lefebvre advises a group of investors in the context of a club deal relating to the acquisition of the Best Western Hotel France Europe carried out by Paris Inn Group and Eternam

CMS Bureau Francis Lefebvre today announces that it has advised a group of investors on the tax structuring of a real-estate investment transaction carried out by the companies Eternam and Paris Inn Group.

Paris Inn Group, a manager and investor in the hotel sector, and Eternam, a subsidiary of the Cyrus group which advises their large real-estate investors, have created a Club Deal comprising private investors, family offices and institutional investors. Paris Inn Group and Eternam raised €30m from these investor categories for their project to acquire full ownership of hotel properties. In parallel with this initial fund-raising, the newly created company acquired its first property, the 43-room Best Western Hotel France Europe, which has just been awarded 4**** status, as announced and expected at the due diligence stage.

The group of investors includes an institutional investor, Extendam (Bertrand Pulles, Jean-Marc Palhon and Matthieu Dracs) and Paris Inn Group with a stake of 10%.

The CMS Bureau Francis Lefebvre team involved in the transaction's tax structuring comprised Luc Jaillais, partner, and Florian Burnat and Sophie Delplancke, associates.

For more information, please contact:

• Nicolas Merigeau, NewCap
  [email protected]
  +33 1 44 71 94 98
  
• CMS Bureau Francis Lefebvre
  Florence Jouffroy, Marketing and Communication Director
  Fanny Ducornetz, Chargée de Communication
  [email protected], [email protected]
  +33 1 47 38 40 32 / 57 00