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The hotel industry has been experiencing impressive growth dynamics since the end of the pandemic. Room rates are rising significantly due to high demand.

Jean-Marc Palhon, Chairman of EXTENDAM explained: “Occupancy rates and prices are today very high across Europe. Trends will probably evolve in the next 12 to 18 months. If interest rates decline continues, many investors will be less concerned and will have easier access to credit, which will increase asset values“.

To fully capitalize on the potential of the hotel industry, investing in real estate private equity funds is an attractive option. By combining investment in the property and business asset, investors can benefit from rental income and potential capital gains from the business, with returns that can reach double digits.

Discover Aurélie Fardeau’s report on the attractiveness of hotel investment in the latest issue of Funds Magazine

REDMAN, in collaboration with the architectural firm Naud et Poux Architectes, has recently delivered the “Villa Iéna” project located in the 16th arrondissement of Paris. This project includes 2,700 sqm rehabilitated on behalf of Union Investment.

The mansion, built between 1883 and 1884, has been carefully restored. The work respected every original architectural element while incorporating contemporary elements to meet current requirements.

To achieve its low carbon impact goals, the project finely tuned its energy renovation and reuse approaches. It aims for HQE and BBCA environmental labels. The courtyard transformed into an agricultural greenhouse and the green terraces additionally provide refuges for wildlife in all seasons. These spaces bring a touch of nature to the heart of the city.

Acknowledging the trust shown by Union Investment, Nicolas Decloquement, Deputy Managing Director of Operations at REDMAN said: “The success of this complex rehabilitation operation is the result of close collaboration between the REDMAN teams and their partners who showed tenacity and unwavering commitment at all stages“.

Read the full article by Elena Jeudy-Ballini in Le Journal du Grand Paris

🏨EXTENDAM, in collaboration with 123 IM and their co-investors, announces the sale of three Mercure hotels to their operating partner and co-investor somnOO. Located in North Rhine-Westphalia, in Hagen, Hamm, and Lüdenscheid, these hotels, totaling 458 rooms, have performed excellently throughout the investment cycle, achieving an IRR in line with expectations.

Acquired in 2018, these 4-star hotels offer large meeting spaces and multiple food and beverage outlets. This transaction demonstrates the strong potential for value creation in the hospitality sector.

🤝 The sale of this robust portfolio to somnOO confirms EXTENDAM’s commitment to value-add investments in European hospitality. Despite the challenges posed by the COVID period, the teams ensured solid performances, thus validating the initial investment strategy.

Read the full article on La Tribune de l’Hôtellerie

Today, 2 billion people do not have permanent access to drinking water. To address this issue, Helio Water offers a 100% autonomous system that uses only solar energy to naturally transform a wide variety of water, including seawater, into pure water.

Inspired by the natural water cycle, Helio Water uses the principle of solar distillation to provide up to 10 liters of drinking water per day, meeting the needs of a family of 5.

Congratulations on this beautiful innovation!

Discover Helio

REDMAN delivers Villa Iéna, an ambitious and complex rehabilitation project of more than 2,700 sqm located in the heart of the 16th district of Paris. This project, carried out for Union Investment Institutional in collaboration with the architectural firm Naud et Poux Architectes, stands out for its unique approach combining heritage enhancement, contemporary innovation, and environmental respect.

Nicolas Decloquement, Deputy Managing Director of Operations at REDMAN, said: “The success of this complex rehabilitation operation is the result of close collaboration between the REDMAN teams and their partners who showed tenacity and unwavering commitment at all stages. The trust shown by our client, Union Investment, to carry out this project in a particularly constrained context is a testament to our listening and commitment to making 60B Iéna the embodiment of a demanding, value-creating, and sustainable response“.

🔹 Main characteristics of the project:

➡ Working with the existing: built in 1883, Villa Iéna has been transformed while preserving its original architectural elements, such as the stone facade and herringbone parquet floors.

➡ Environment: the project aims to obtain HQE and BBCA labels for its energy performance and low carbon impact, incorporating sustainable renovation techniques and innovative site management.

➡ Circular economy: an ambitious reuse policy has been implemented, allowing many materials and equipment to be given a second life.

➡ Social inclusion: 8% of the hours worked on the site were performed by people in integration, with workshops organized to facilitate professional integration.

Read the full article on the delivery in Business Immo

In June, hotel performance saw a slight decline compared to last year, but the outlook is very promising for the coming months. The monthly European hotel barometer conducted by EXTENDAM and its partners observes an occupancy rate in France reaching 75%, while regions such as Provence Alpes Côte d’Azur and Normandy recorded significant increases in RevPAR.

Axelle de Rodellec, asset management manager at EXTENDAM,highlighted: “It is important to remember that June 2023 was an exceptional month in France, especially in Paris where an occupancy rate of 92%, an average price of €310, and a RevPAR of €286 were recorded, corresponding to a 35% growth compared to 2022”

At the same time, hotel real estate continues to attract investors, with an investment of nearly €1.5 billion in the first half of 2024, confirming a significant enthusiasm for this key sector.

Professionals of the industry are eager to see Paris shine under the Olympic and Paralympic spotlights, while offering memorable experiences to visitors from around the world.

For an in-depth analysis of European hotel market trends, check out the barometer by EXTENDAM and its partners on Business Immo

As a network for citizen energy transition, Énergie Partagée has just labeled its 350th project. This milestone testifies to the constant growth of citizen renewable energy production projects in France.

🔋 Énergie Partagée label, created in 2021, stands out as the reference for guaranteeing the public interest of renewable energy production projects. It promotes inclusive approaches that are economically and socially beneficial for the territories and ensures predominantly local governance.

Arno Foulon, Head of Expertise and the Énergie Partagée label, highlights: “The labeling of the 350th project confirms the relevance of encouraging territorial and multi-partner dynamics around renewable energy production. These plural setups ensure a balanced sharing of responsibilities and essential values for the development of renewable energies“.

Read the full article in ESS & Société

According to UNICEF, access to quality education is a fundamental right for all children. However, many families living in priority neighborhoods in Île-de-France do not have the means or access to necessary resources to introduce their children to programming and emerging technologies. As a dynamic and committed association, Lab-Kids aims to bridge this digital gap by democratizing programming learnings for 6-12 children in these neighborhoods.

founded by Issa Doucansi, the association also encourage critical thinking, creativity, and teamwork, opening doors to job opportunities in the technology industry.

Lab-Kids thus creates a changemakers inclusive community, ready to tackle tomorrow’s challenges. Kudos to this initiative that changes lives and prepares young people to excel in the digital world!

Discover Lab Kids

Already well-established in Montpellier since 2021, real estate developer REDMAN, specializing in the rehabilitation of obsolete assets and urban regeneration, takes a new step by opening an office in Toulouse. Headed by Alice Bonidan, the new branch promises to invigorate local real estate market. The entity is currently leading key ongoing projects as thedelivery of Les Halles de la Cartoucherie and its concert hall in Toulouse; the construction launch of a 15,000 sqm mixed-use complex in the ZAC Eureka of Castelnau-le-Lez; the impending commercial launch of a new mixed-use project with a sports tower in Montpellier.

Bringing her experience from Eiffage Immobilier and Legendre Immobilier, Elodie Pereira leads the development of the new Toulouse office, providing valuable expertise to this expansion.

Read the article in the latest issue of Journal des Entreprises Haute Garonne edition

As investments in the industry multiply in recent years, Adrien Lanotte, a research officer at MKG Consulting, reminded that the hotel asset class represents 3% of built real estate. It is now essential to consider hotel investments through the lens of sustainability as well as territorial attractiveness.

Jean-Marc Palhon, Chairman of EXTENDAM, and other industry experts, decipher hotel investment in the third part of the series offered by Hospitality On!

Read the full article