Financière M.P. Landowski has bought the five-star Maison Bréguet in Paris from Foncière Concorde.
The 50-room Maison Brégue is on rue Bréguet, in the 11th arrondissement of Paris, near the Bastille and the Marais.
The former laundry machine factory was acquired by Foncière Concorde in 2013. The building showcases the work of numerous craftsmen including cabinetmakers, ironworkers and parquet floorers), and the style of the English architectural studio Sagrada.
Foncière Concorde is a private real estate investment company developing operations to revalue office, hotel, retail and also residential assets. It is a joint venture between the Terrot and Galia Groups.
Incredible potential of Maison Bréguet
Marie-Pierre Landowski, President of FMPL, says, “I am delighted to add Maison Bréguet to our portfolio of assets. This unique establishment offers incredible potential and we look forward to continuing to build on the solid reputation established by the seller’s teams. Our goal is to preserve excellence in service and hospitality while introducing innovations and improvements to enrich our customers’ experience. We firmly believe in the added value that this hotel will bring to our group.”
Samuel Gelrubin, President of the Terrot Group, and co-founder of Foncière Concorde, says, “I am extremely proud of what we have accomplished with Maison Bréguet since its opening. This place has not only offered quality accommodation to our visitors, but it has also become a pillar of the 11th arrondissement of Paris.”
Ideal partner
Brice Errera, President of the Galia Group, and co-founder of Foncière Concorde, says, “The decision to sell was not easy, but I am convinced that FMPL is the ideal partner to take this hotel to new heights. Their vision and commitment to maintaining the values we have established will guarantee a bright future for this establishment.”
As part of this operation, Financière M.P. Landowski (FMPL) was supported by CBRE Hotels – Quentin Laferté (buy-side), Lamartine Conseil – Maître Thierry Filippi (M&A advice). It was also advised by Octies Avocats (legal advice), Muriel Damois-Blondel ( Social Council), HCCE (Technical Consulting), KPMG (Accounting and Financial Consulting). Foncière Concorde was supported by Maître Jérôme Benyounes (ViNCI Firm).
The hotel management was carried out by Valeriya Savchuk (Terlia).
FMPL has significant expertise in hotels and hospitality, including a River Tourism division and also a wine estate.
