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
nmerigeau@newcap.fr
+33 1 44 71 94 98 - CMS Bureau Francis Lefebvre
Florence Jouffroy, Marketing and Communication Director
Fanny Ducornetz, Chargée de Communication
florence.jouffroy@cms-bfl.com, fanny.ducornetz@cms-bfl.com
+33 1 47 38 40 32 / 57 00
