Deka Buys Hotel for $147M, Sells Office

PARIS- The purchase includes the Marriott Renaissance Paris Arc de Triomphe hotel, the Salle Wagram concert and conference venue and three retail units. A 382,000-square-foot office sold.

By Allan Saunderson | July 15, 2010 at 01:08 PM

PARIS-French REIT/SIIC Altarea Cogedim has sold a hotel and conference complex near the Arc de Triomphe in Paris to German property fund manager Deka Immobilien for $147 million and at the same time started work on two new luxury hotels in historical buildings in Marseille and Nantes. Separately, Deka announced sale of an office asset in D

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Maracay Continues Land Assemblage for 572-Home Community

By John Jordan | October 01, 2018

Maracay officials say the firm intends to close on the third and last land purchase of 80 acres and 240 homesites in Chandler in early 2019.

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