Flash News Acquisition of the Pullman Hotel in Cannes Mandelieu!
The completion of this acquisition completes our investment strategy in Europe, through the selection of Prime real estate assets. The final project of this hotel will be “Unik” with its new design and positioning.
"[...] This 4-star hotel with 213 rooms, built in 1981, offers direct access to the beach. Its capacity to host seminars (19 meeting rooms, including a 700 m² divisible seminar room), its fitness room and its outdoor swimming pool make it an asset adapted to the tourist and corporate clientele of the city of Cannes Mandelieu. [...]".
"[...] The complex will be completely repositioned. The renovation project will be communicated in the coming weeks [...]." (see full article by BusinessImmo.com).
We would like to thank all the people who helped us with this transaction!
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Acquisition Stakeholders:
Black Stone Real Estate
https://www.blackstone.com/our-businesses/real-estate
JOA Group (Casino)
https://www.joa.group
CBRE France
https://www.cbre.fr
Notary
Étude Lasaygues - Notary office in Paris (Haussmann Boulevard)
https://lasaygues.com
Lawyers
Vermeille Avocats – A French law practice with an international and interdisciplinary approach
https://vermeille-avocats.com
Legalps
http://www.legalps-avocats.com
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Articles announcing the acquisition of the Hotel Pullman Cannes Mandelieu:
Mipim 2023: Poseidon Takes Plunge With Cannes Hotel and Casino Acquisition
https://www.costar.com/article/68982155/mipim-2023-poseidon-takes-plunge-with-cannes-hotel-and-casino-acquisition
Cédé, l’hôtel Pullman Cannes Mandelieu Royal Casino sera prochainement repositionné
https://www.businessimmo.com/contents/142729/cede-lhotel-pullman-cannes-mandelieu-royal-casino-sera-prochainement-repositionne
Poséidon Hospitality acquiert l’hôtel Pullman Cannes Mandelieu Royal Casino
https://www.immoweek.fr/hotellerie-sante/actualite/poseidon-hospitality-acquiert-lhotel-pullman-cannes-mandelieu-royal-casino
CBRE conseille la vente du Pullman Cannes Mandelieu Royal Casino
https://www.cbre.fr/press-releases/vente-du-pullman-cannes