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A new strategic move for EXTENDAM, which announces the disposal of the ibis Paris Tour Montparnasse hotel alongside its long-term partner KER Hospitality.
A transaction that reflects the team’s value-creation strategy:
✔ A high-potential asset, renovated and repositioned
✔ A strategic location across from Montparnasse station
✔ Proven resilience, even in times of crisis
✔ IRR above 10%, a sign of strong management performance
💬 “This latest deal reflects the strength of the partnership between EXTENDAM and Ker Hospitality and our shared vision of a high-performing, resilient, and well-positioned hotel sector” — Inès Haack & Caroline Betemps, EXTENDAM.
This transaction continues a trend of high-value hotel disposals in France and internationally.
Five new solar installations were commissioned this summer by the public and citizen-owned company Énergies Stéphanoises, bringing the total number of operational solar sites in the area to six. This local momentum reflects a strong ambition for citizen control over energy.
🔋 1,300 MWh/year produced — equivalent to the electricity use of 1,080 people
🤝 A cooperative and partnership-based model involving local governments, citizens, and companies
🏷️ A project awarded by Énergie Partagée label — a mark of virtuous and democratic renewable energy development
Erwan Boumard, Head of Énergie Partagée, explained: “By investing in projects led by Énergies Stéphanoises, Énergie Partagée puts citizens’ savings to work helping the territory reclaim local energy production”
👏 An inspiring example of shared governance and local energy transition.
📸 Necker solar canopies © Energies Stéphanoises
A real example of a successful value-add strategy. After supporting the hotel’s upgrade, EXTENDAM has finalized the disposal of the ibis Paris Tour Montparnasse.
Located in the heart of Paris’s 15th arrondissement, steps from Montparnasse station, the hotel was acquired in 2019, thoroughly renovated, and operated with long-standing partner KER Hospitality. Post-crisis resilience, premium repositioning, and sustained performance… all the elements were in place for an optimized exit.
“This disposal demonstrates our ability to identify high-potential assets, support their repositioning, and secure solid returns — all in a logic of shared value creation with our partners” — Inès Haack & Caroline Betemps, EXTENDAM.
Another transaction that confirms the strength of EXTENDAM’s hotel investment strategy, already illustrated by recent disposals in Paris, Grenoble, Saint-Étienne and Valence.