Amundi Immobilier has acquired the Grand Paris hotel in Issy-les-Moulineaux, leasing it to Numa Group, thereby strengthening its position in the managed residences sector amidst a favorable market climate.
Target Information
Located in Issy-les-Moulineaux near the future Grand Paris metro station on line 15, the Grand Paris hotel is leased to Numa Group, a significant player in the European tourism accommodation sector. Numa is known for its 'travel and stay' concept, which features high-end boutique apartments and a 24/7 concierge service. This acquisition by Amundi Immobilier enhances its position in the managed residences sector amidst a favorable market environment.
Industry Overview in France
The tourism accommodation industry in France is one of the largest globally, reflecting the country's status as a premier travel destination. With millions of international visitors annually, the demand for diverse and high-quality lodging options continues to rise. The French government has actively supported this sector through favorable regulations aimed at enhancing infrastructure and promoting tourism-related investments.
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Moreover, the concept of managed residences is gaining traction, particularly among younger travelers and business professionals seeking flexibility and unique experiences. In urban center
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