Caisse des Mines to sell Prince de Galles hotel in Paris (source: Les Echos)
Caisse des Mines, the French miners' fund, which is active in the Paris property market, is planning to sell the premises of the Prince de Galles hotel, a luxury four-star establishment.
The hotel is run by Starwood Hotels & Resorts. If the transaction proceeds as planned, it will be sold by the autumn. Caisse des Mines also plans to sell three other small hotels, including one three-star establishment.