Aareal Bank AG Finances Acquisition of Iconic Pullman Hotel Montparnasse in Paris

"De Pardieu advised Aareal Bank AG in financing the acquisition of the Pullman Montparnasse Hotel in Paris by a group of investors including Bain Capital, Columbia Threadneedle, and QuinsPark. Aareal Bank acted as arranger, lender, and agent for the 34-story hotel, which features 957 rooms and extensive event spaces. The financing will support the acquisition and targeted capital expenditures following a multi-year renovation completed in 2021. The De Pardieu team included Pierre Gebarowski, Pauline Keller, Bastien Demangeat, and François Peguesse."

**Press Release Summary** De Pardieu advised Aareal Bank AG, a German bank specializing in real estate, in connection with the financing of the acquisition of the Pullman Montparnasse Hotel by a consortium of investors (Bain Capital / Columbia Threadneedle / QuinsPark). The transaction involved Aareal Bank AG acting as arranger, lender, and agent for the 34-story hotel located in the 14th arrondissement of Paris. With 957 rooms, two restaurants, a panoramic sky bar, and over 5,000 square meters of meeting and event space, the Pullman Paris Montparnasse is one of the flagship establishments of the brand. This financing will support both the acquisition of the hotel and targeted capital expenditure initiatives. It follows a multi-year renovation that took place from 2017 to 2021. The De Pardieu team consisted of Pierre Gebarowski (partner), Pauline Keller, and Bastien Demangeat (associates) focusing on real estate financing, as well as François Peguesse (counsel) addressing tax aspects.

Aareal Bank AG Finances Acquisition of Iconic Pullman Hotel Montparnasse in Paris

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