- Constructed in the 17th Century, the property incorporates a direct view of the Tuileries
- nvestment marks the most recent luxurious enterprise by the strategic partnership between Mohari and Omnam, and the primary co-investment with Williams
Mohari Hospitality (“Mohari”) and Omnam Investment Group (“Omnam”), together with Paris-based entrepreneur, musician and philanthropist Pharrell Williams, at present introduced the acquisition of an iconic historic property located in the distinguished 1st arrondissement of Paris, on the appropriate financial institution of The Seine.
Previously referred to as the Hôtel Saint-James & Albany, this trophy asset marks the most recent acquisition by the Mohari and Omnam strategic three way partnership, which was shaped in July of 2022 to enhance the affect of developments in luxurious hospitality, meals & beverage and leisure all through Europe, harnessing the total potential and distinctive strengths of every group.
This uncommon and distinctive asset is positioned between Rue de Rivoli and Rue du 29 Juillet in central Paris, shut to many key sights, together with the Louvre Museum, and is simply in entrance of the Tuileries Gardens. It overlooks Rue Saint Honoré, one of the iconic streets of Parisian vogue and luxurious and is one in every of just a few properties to provide a privileged and unrivalled direct view of the Tuileries and the Terrasse des Feuillants.
This challenge exemplifies our dedication to figuring out and creating distinctive luxurious hospitality tasks that ship unparalleled experiences in the world’s most fascinating locations. It’s however the newest instance of how, in partnership with Omnam, we are able to apply our market information, working experience and trade perception to carry again to life an distinctive property. We intend to honour the property’s extraordinary romantic heritage whereas creating a brand new lodge which represents the state-of-the-art of contemporary luxurious hospitality. J. Allen Smith, CEO of Mohari Hospitality
We’re extremely excited to exhibit, as soon as once more, Omnam’s experience in creating lifetime luxurious hospitality experiences with such a singular historic constructing in a metropolis as storied as Paris, and in a very distinguished location in the town. This distinctive asset has been chosen because the flagship of our distinctive partnership with Mohari, which has created an unparalleled, united crew of visionaries, pushing the boundaries of design, visitor expertise and sustainable know-how. David Zisser, Founder and CEO of Omnam Group
Mohari and Omnam had been suggested on the acquisition by attorneys August-Debouzy, GALM and Ashurst alongside PWC. Eastdil Secured suggested on the transaction and associates of Apollo Administration Worldwide LLP acted as lenders.