Sunday, March 30, 2008
Property in France
In the past few days, 32,000 town halls across France, from Paris to the meanest little village, will have welcomed their mayor, newly or re-elected, for the next six years. Impressively, nearly 70 per cent of the eligible population will have voted in the élections municipales but I am always a little mystified about what actually takes place at the mairies - apart from civil wedding ceremonies and endless drinks parties. Normally, however, they are imposing, easily recognisable buildings and therefore make ideal places for estate agents to meet me in my eternal quest for a new home in France.
Wednesday, March 26, 2008
QATAR National Hotels Company (QNH) has acquired its third international property in France
A deal-signing ceremony was held in Paris earlier this month between QNH and former owning company AGF Immobilier for the acquisition of the property situated in the heart of the business and commercial centre of Paris, on Rue d’Anjou and Rue de Faubourg Saint-Honore.
QNH paid a total purchase price of 50mn euros. The property will be converted to a five-star hotel and is scheduled to open its doors in mid-2009.
The acquisition is QNH’s second in Europe after the recently acquired 170-room Park Hyatt in Marbella, Spain, and the previous acquisition of a 384-room Renaissance Resort in Sharm El Sheikh, Egypt.
“The newly acquired properties reflect the company’s investment and diversification strategy in well established, prestigious markets,” a spokesperson said.
QNH paid a total purchase price of 50mn euros. The property will be converted to a five-star hotel and is scheduled to open its doors in mid-2009.
The acquisition is QNH’s second in Europe after the recently acquired 170-room Park Hyatt in Marbella, Spain, and the previous acquisition of a 384-room Renaissance Resort in Sharm El Sheikh, Egypt.
“The newly acquired properties reflect the company’s investment and diversification strategy in well established, prestigious markets,” a spokesperson said.
Monday, March 24, 2008
Real estate authors from Paris
Hi, this is Tam Tree, hope you like the Paris real estate news blog.
I need real estate authors from Paris to help me coverage the central paris area.
Please send email if you like to participated in this effort. Thanks a lot !
tamtree@gmail.com
I need real estate authors from Paris to help me coverage the central paris area.
Please send email if you like to participated in this effort. Thanks a lot !
tamtree@gmail.com
Thursday, March 20, 2008
One of the most beautiful buildings in Nice
The four-level Belle Époque palace, on Boulevard Victor Hugo in the center of Nice, was built in 1908 for a Swiss industrialist and his family. It now is divided into six apartments — each of impressive size — and the Zeidans have parts of three levels, including a large kitchen in the basement.
The second-floor neighbor lives in what was once the ballroom. The top-floor apartment, created from the reception rooms that were the artistic showpiece of the home, is on the market for 1.35 million euros, or a little more than $2 million. The other units, Ms. Connolly said, are each about 250 to 300 square meters (2,690 to 3,229 square feet) and worth nearly 1 million euros ($1.58 million).
The second-floor neighbor lives in what was once the ballroom. The top-floor apartment, created from the reception rooms that were the artistic showpiece of the home, is on the market for 1.35 million euros, or a little more than $2 million. The other units, Ms. Connolly said, are each about 250 to 300 square meters (2,690 to 3,229 square feet) and worth nearly 1 million euros ($1.58 million).
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