The Honotel Group, hotel operator and investor present throughout France and Europe, has just announced the acquisition from AEW of a hotel in the 2e district of Marseille. Acquired by the FPCI Cap Hospitality IV (4e fund managed by Hôtel Investissement Capital), this establishment will have a new identity with the HappyCulture brand and will reopen its doors this fall. Honotel thus strengthens its portfolio and now has 47 hotel assets under management. The acquisition was carried out within the framework of an exclusive sales mandate, entrusted by AEW to Cordillera Capital at the end of 2023, to sell the walls of this operator-free asset.
Located in 2e district of Marseille, this 4-star hotel has 142 rooms with balconies and offers quick access to the Old Port. A renovation program is planned for the common areas (lobby, breakfast room, etc.) and the rooms will be refreshed to meet new decoration trends.
We are delighted to reopen this hotel and we plan to make it a benchmark for Lifestyle hotels in Marseille thanks to the renovations that will be made. This is the 3e acquisition of our Value-Add Cap Hospitality IV fund, still open for subscription
indicates Laurent Lapouille, President of Honotel.
We are delighted to have been able to provide AEW with a rapid and concrete response thanks to the Honotel Group. Our preliminary studies allowed us to establish the typical profile of a future buyer, an investor-operator sensitive to the potential of this hotel. Our know-how as an operating partner and our knowledge of the local real estate market were decisive in our research to identify it
explains Cyrille Viotte, Managing Partner of Cordillera Capital.
Beyond Cordillera Capital, to finalize this transaction, AEW was advised by the notary office Chevreux, while Hotel Investissement Capital (HIC) relied on the advice of the notary office Monassier & Associés, Valther for the legal and Artelia for the technical aspect.
About Hôtel Investissement Capital (HIC):
Hôtel Investissement Capital, a subsidiary of the Honotel group, is a portfolio management company (SGP) approved by the AMF. SGP currently manages 4 investment funds (FPCI) and has made nearly €300 million in investments since its creation in 2015. Its 4e fund, the FPCI Cap Hospitality IV, is being raised, with subscriptions open until the end of June 2025. A vehicle eligible for 150 0-B ter is also open for subscription until the end of 2024 .
Warning: Promotional document.
Subscription to FPCI units is reserved for investors eligible under article 423-49 of the AMF General Regulations. Past performance is not a reliable indicator of future performance. Investing involves risks: loss of capital, lack of liquidity, etc. For more information, contact the management company.
About Cordillera Capital:
Cordillera Capital is a hotel investment and transaction set-up consultancy firm, working on all classes of real estate assets linked to hospitality: hotels, tourist and business residences, holiday villages, managed residential and hospitality. outside. Since 2007, Cordillera Capital teams have supported their clients (owners of independent or chain hotels, institutional investors, real estate developers) in the French and Spanish markets. Drawing on its expertise, Cordillera Capital manages projects, acting as a link between investor, promoter and operator, in order to enhance the value of its clients’ assets from acquisition to development, through to transfer.
About 30:
Honotel is an independent company specializing in hotel investment and management which has recorded more than 100 hotel private equity transactions since its creation. Co-directed by Laurent Lapouille, Hélène Gauthier and Patrick Luis, Honotel is distinguished by the historic involvement of its founders and associate directors, all from the hospitality industry.
A player recognized for its expertise, the Group has won the loyalty of the largest investors in the market, whom it supports over the long term thanks to its comprehensive offering of 3 high value-added services which revolve around 3 businesses: Hotel investment (conducted in club deal, rental management or with the Portfolio Management Company Hôtel Investissement Capital) – Operational operation (own, management mandate or white label) – Monitoring of operations (support of institutional investors with the objective of maximizing their value creation).
