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Bouygues SA's Bouygues Immobilier Sells a 4-Star Hotel Complex to Financiere Teychene, at Porte de Paris, Saint-Denis

Thursday, 4 Jul 2013 08:00pm EDT 

Bouygues SA's Bouygues Immobilier announced that it has sold a 7,400-square-meter 4-star hotel development in the Porte de Paris district of Saint-Denis, just north of the French capital, to Groupe Financiere Teychene. The project is part of a mixed-use development, designed and developed by Bouygues Immobilier, which will also comprise 7,000 square meters of offices, 300 square meters of retail space and 50 housing units. The hotel complex will be operated under the Novotel brand and will open to the public at the beginning of 2015. The financial terms of the deal were not disclosed. 

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