BNP Paribas RE's Atisreal unit has acquired the Paris-based hotel manager and property advisor SP & Partners for an undisclosed amount, and at the same time is creating the European-dedicated Atisreal Hotels unit in France. This new arm will focus on property transaction and consultancy, and will work in close synergy with the Atisreal Hotels London unit. SP & Partners' founder and president Patrick Sanville was appointed Atisreal Hotels' director.
BNP Paribas RE's Atisreal unit has acquired the Paris-based hotel manager and property advisor SP & Partners for an undisclosed amount, and at the same time is creating the European-dedicated Atisreal Hotels unit in France. This new arm will focus on property transaction and consultancy, and will work in close synergy with the Atisreal Hotels London unit. SP & Partners' founder and president Patrick Sanville was appointed Atisreal Hotels' director.
SP & Partners, created in 1992, has carried out more than 40 operations in France and internationally in 2006, including 180 hotels, on behalf of international investors such as Accor, Societe du Louvre, Westmont, Warwick International, Merrill Lynch, B &B Hotels, Goldman Sachs and Fonciere des Murs.
