{"id":5328,"date":"2025-03-06T14:35:05","date_gmt":"2025-03-06T13:35:05","guid":{"rendered":"https:\/\/www.honotel.com\/?p=5328"},"modified":"2025-03-06T14:38:13","modified_gmt":"2025-03-06T13:38:13","slug":"eternam-consolidates-its-partnership-with-honotel-by-acquiring-the-hotel-moulin-plaza-and-strengthens-its-position-in-the-paris-hotel-market","status":"publish","type":"post","link":"https:\/\/www.honotel.com\/en\/eternam-consolidates-its-partnership-with-honotel-by-acquiring-the-hotel-moulin-plaza-and-strengthens-its-position-in-the-paris-hotel-market\/","title":{"rendered":"Eternam consolidates its partnership with Honotel by acquiring the H\u00f4tel Moulin Plaza and strengthens its position in the Paris hotel market"},"content":{"rendered":"

ETERNAM acquires the Moulin Plaza hotel in the heart of Paris’ 9th arrondissement<\/strong><\/h2>\n

At the end of July, Eternam acquired the Moulin Plaza, a 3-star, 50-room hotel (walls and goodwill) located at the foot of the Moulin Rouge. The property will be renovated and upgraded, enabling it to capitalize on its excellent fundamentals.<\/strong><\/p>\n

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As part of this project in the heart of Paris, Eternam has set up a club deal bringing together some thirty private and institutional investors.<\/p>\n

The strategy pursued by Eternam and its operator Honotel consists in carrying out a program of works dedicated to the rooms and common areas. The investments will refresh the asset by rethinking the layout and decoration of the entire hotel. The hotel will also be upgraded to 4-star status.<\/p>\n

These investments will enable the hotel to take full advantage of the local market, ideally located between the Central Business District and the Butte Montmartre.<\/p>\n

Jonathan Donio, Managing Director of Eternam, comments:<\/p>\n

\u201cThe acquisition of the Moulin Plaza hotel confirms our strong convictions in the Paris market. This acquisition enables us to position our clients in a high value-added operation, and reaffirms our long-term partnership with Honotel. This club deal illustrates our determination to continue investing in the hotel asset class, which has proved its resilience in an uncertain economic climate.\u201d<\/p>\n

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H\u00e9l\u00e8ne Gauthier and Patrick Luis, Honotel General Managers, state:<\/p>\n

\u201cThe acquisition of the Moulin Plaza hotel by Eternam perpetuates our long-standing partnership with Eternam and its teams, and strengthens Honotel’s historic position as a hotel operator in the Paris market\u201d.<\/p>\n

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FPCI Moulin Plaza was supported in this transaction by :<\/p>\n

Corporate and transactional: Belay Avocats (Julia Elkael, G\u00e9raldine Eberhardt)
\nIntermediary (acquisition mandate): JLL (Laura Ben-Ibgui, Antonin Bastide, Sonia Labbas)
\nLegal audit: Belay Avocats (G\u00e9raldine Eberhardt, Julia Elkael)
\nSocial audit: Versant Avocats (Louise Thiebaut, Fanny Perhirin)
\nTax audit: GALM (Pierre Appremont, Pierre P\u00e9rol)
\nFinancial audit: Mazars (Baptiste Kalasz, Natacha D\u00e9pit, Romain Josserand)
\nNotarial audit: N9 Notaires (Pierre Dailliez)
\nTechnical audit: Art\u00e9lia (Wandrille Boivin, Mustapha Ghalem)<\/p>\n

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The Moulin Plaza FPCI, managed by Eternam, was specifically supported by the following advisors:<\/p>\n

Tax structuring: GALM (Pierre Appremont, Pierre P\u00e9rol)
\nLegal structuring and regulatory aspects: GALM (Arnaud Gu\u00e9rin, Pauline Damblant, S\u00e9bastien Bonami)<\/p>\n

The sellers were advised by Ma\u00eetre Charly Richard and assisted by the KL law firm (Thomas Prud’Homoz).<\/p>\n


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