Apartments In Paris France
The Ascott to launch serviced apartments in France
CapitaLand’s wholly-owned serviced residence business unit, The Ascott Limited (Ascott), has agreed to acquire 100% shareholding in SNC Costes K which owns two properties in Paris, the prestigious Hotel Costes K and an adjacent vacant residential property, for €65 million (approximately £57.1 million). After the acquisition is completed, Ascott will combine and transform the freehold properties to create a premium serviced residence, to be named Ascott Arc de Triomphe Paris. When it begins operations in June 2011, it will be the first serviced residence to open in France under the exclusive Ascott brand. The new 106-unit serviced residence increases Ascott’s Europe portfolio to over 5,400 apartment units in 49 properties across 22 cities. Besides having a prime location in the heart of Paris, the landmark property combines the contemporary design of renowned architect Ricardo Bofill and the distinctive architecture of 19th century Paris. Situated on Avenue Kléber, Ascott Arc de Triomphe Paris is close to the world famous Avenue des Champs-Elysées and the Trocadéro. The property is located in the 16th arrondissement, a prestigious residential and business district with numerous offices and embassies. It is within walking distance of many leisure and tourist attractions including the Arc de Triomphe and Eiffel Tower, and there are several metro stations and bus stops close by, for easy travel around the capital. Mr Lim Ming Yan, Ascott's Chief Executive Officer, said: “Within the first four months of 2011, Ascott invested S$203 million in Europe through our acquisitions of Ascott Arc de Triomphe Paris and one property in Frankfurt and one in Hamburg. This demonstrates Ascott’s long-term commitment in Europe, and we will continue to identify opportunities to deepen our presence especially in key markets like Paris, London and major cities in Germany. These investments form part of our ongoing capital recycling strategy, with Ascott re-deploying a portion of almost S$1 billion in proceeds generated by the divestment of 28 assets to Ascott Residence Trust last year. These new assets will further enhance our real estate investment portfolio in Europe and form a quality pipeline for the Ascott Residence Trust.” Mr Lim added: “In 2011, we have already secured about 1,800 units through new investments and management contracts.Apartments In Paris France - News
PARIS (Reuters) - Investigators have pulled data from the black boxes of an Air France jet which crashed in the Atlantic in 2009, boosting efforts to explain what caused the disaster and killed all 228 people on board. By Becky Schlikerman and Carlos
With the addition of Ascott Arc de Triomphe Paris, Ascott has over 3600 apartment units in 35 properties across 14 cities in France. Besides Paris, these properties are located in cities including Cannes, Lille, Lyon, Marseille, Nice, Strasbourg and
With some of the continent's finest flats and apartments, house prices in Paris are rising sharply offering both luxury living and an excellent investment. Whilst Paris offers some beautiful properties, people looking to buy Property In France have
It turned out that the car belonged to a friend, but the photo focused attention on the couple's lifestyle — including a $4 million house in Washington, two luxury apartments in Paris, and a vacation home in Marrakesh — and whether it was compatible
With the addition of Ascott Arc de Triomphe Paris, Ascott has more than 3600 apartment units in 35 properties across 14 cities in France, including Cannes, Lille, Lyon, Marseille, Nice, Strasbourg and Toulouse.
Advantages of Staying in Paris Apartments | . Flowers To France .
Paris is known not only for its furor, but also for its vibrant culture that opens its arms for all tourists visiting this magnificent city. Paris – the “Fashion capital of Europe” – is known for its numerous tourist attractions. Apart from the world famous Eiffel tower, the city also harbors Louvre, which is one of the largest and renowned museums in the world. So, go ahead and plan a trip to Paris for experiencing the magical charm of this beautiful city.
Accommodation is the main concern while visiting Paris. Have you ever thought of booking an apartment in Paris for your family vacation or business trip? If not, start thinking about it. When you walk through the beautiful tree-lined lanes in Paris, you will certainly feel the desire to experience the feeling of living like a Parisian. If you want to familiarize yourself with the living style of a Parisian, the most ideal way is to book an apartment instead of a hotel in Paris. You can browse through various accommodation and travel websites and look for a suitable vacation apartment in Paris.
Now, you must be wondering why one should opt for Paris apartments rather than a hotel? Here are a few reasons that point out the benefits you can enjoy by staying in a Paris apartment. ? Paris hotels are no doubt extremely illustrious, but if you are looking for personalized service along with comfort, Paris apartments for rent should be the answer for you. Paris apartments offer all the luxuries of a hotel combined with a larger space, more security, and a wealth of other facilities like well-equipped kitchens, well-furnished lounges, and more. ? Paris apartments are not as pricey as hotels in Paris.
When you are in Paris for a short stint, sometimes it may go out of schedule. At such times, these apartments give you a feeling of home away from home. A number of reputed Paris rent apartments offer direct access to the Internet along with a number of other amenities, but it is really important to check and read all the rules and regulations before making the final booking. Paris is known as the “City of Lights” and these apartments in Paris make it “crème de la crème” in the tourism industry.
If you are looking for some of the most exclusive apartments in Paris that exude class, style, and sophistication through their interior design and facilities, visit alacarte-paris-partments.com.
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