CDP sells 10 Paris hotels

CDP Real Estate Europe has sold a portfolio of 10 Paris hotels to a private investor. The Jardins de Paris hotel sites involve a total of 430 2 to 3-star rooms, French newspaper Business Immo reported. The properties are in the city districts of Alésia, Saint-Lazare, Montparnasse, Boulogne, Nation Bercy, Morny Saint Lazare, République, Montmartre, Marais Bastille, and Saint Germain. The financial details have not been disclosed. Christie Co assisted CDP Real Estate Europe.

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