BATIPART ACQUIRES PULLMAN PARIS TOUR EIFFEL FROM MORGAN STANLEY AND QUINSPARK

Luxembourg-based investment firm Batipart Europe, on behalf of a consortium of investors, has acquired the four-star, 435-room Pullman Paris Tour Eiffel in France from American investment bank Morgan Stanley and French owner-operator QuinSpark Investment Partners. The hotel, which opened in 1966, is located on the doorstep of the Eiffel Tower, some 200 metres from the Champs de Mars on which the landmark sits. It is the closest hotel to the Eiffel Tower and includes a restaurant, bar and 24 meeting rooms. QuinSpark will continue operating the hotel. Morgan Stanley and QuinSpark originally acquired the hotel in March 2024 for €330 million (€767,000 per room).