Fairway advised Remake on the acquisition, on behalf of SCPI Remake Live, of the NH Lyon Airport hotel located in the heart of Lyon-Saint Exupéry airport, close to the airport’s TGV station and 25 minutes from Lyon Part-Dieu station via the Rhône Express tramway.
The NH Lyon Airport hotel offers a remaining fixed lease term of 8.1 years and a net property yield of over 7.2%.
Built in 2009 and completely renovated in 2018 and 2023, this 13,300 m² hotel has 245 rooms and offers event spaces and a range of services (fitness, spa, restaurant).
“With this asset in Lyon, we are strengthening Remake Live’s exposure to the hotel industry in an unbeatable location, at the heart of a growing international hub,” said Julien Lamy, Remake’s investment director. “The completion of this transaction, which is emblematic for Lyon and the hotel market in general, shows that Remake is not abandoning France. It remains attentive to ensuring that the returns offered are competitive and consistent with market conditions observed elsewhere in Europe.”
