Investor Data Room

LUME Paris Montmartre

107 Boulevard Ney  ·  75018 Paris, France

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379
Keys
Capsules + Private Rooms
2,626
m² SDP
Surface de Plancher
18.5%
Target IRR
Levered 5-Year Hold
2.4x
Target MOIC
Multiple on Invested Capital
Capital Structure

Equity Syndication Status

Target Equity Breakdown
French Pension Fund
Secured Commitment
33.3%
Institutional Family Office
LOI Stage
33.3%
Infill Capital Partners (GP)
Co-Investment
10.0%
Available Capacity
Current Raise
23.4%

De-Risked Institutional
Capital Base

  • Institutional Validation: With two-thirds of the equity effectively committed by a leading French pension fund and a specialised institutional family office, the syndication framework heavily mitigates execution risk.
  • Absolute Alignment: The General Partners are investing 10% of the total equity in hard cash, ensuring exceptional skin-in-the-game aligned with LP interests.
  • Limited Availability: We are syndicating the final 23.4% gap to strategic LPs who bring synergistic value to the LUME hospitality platform expansion across Europe.
Investment Thesis

Adaptive Reuse · 18th Arrondissement,
Paris

Infill Capital Partners is acquiring a 2,626m² office building at 107–109 Boulevard Ney — an adaptive reuse opportunity in Paris's rapidly gentrifying 18th arrondissement, minutes from Montmartre and the Porte de Clignancourt metro hub.

The asset will be repositioned as LUME Paris Montmartre — a 379-key capsule hotel across six floors, combining Japanese-inspired pod design with European lifestyle hospitality. The inventory features 365 capsules across four typologies (standard, premium, L-stack, reclining) plus 14 private rooms including penthouse suites with terrace access.

With the Permis de Construire submitted, architect TDA engaged, and a fully signed LOI in place, this opportunity offers institutional-grade risk-adjusted returns through ICP's proven adaptive reuse methodology.

Strategy
Adaptive Reuse
Office-to-hospitality conversion using existing envelope — reduced CapEx, compressed timeline versus new-build
Location
Prime Paris 18th
Metro Lines 4 & 12 at door, 15 min to Gare du Nord, direct Eurostar connectivity from City of Light
Macro
Market Tailwind
Paris hospitality at record occupancy post-Olympics; structural undersupply in budget-premium experiential segment
Operator
LUME Platform
Proprietary tech-forward hospitality brand with WeCapsule pod typologies optimised for yield and guest experience
Data Room Contents

Available Materials

01
🔓
Executive Summary
Document Index & Investor Presentation Deck.
  • 📄 00_107_Ney_Boulevard_Doc_Index.pdf
  • 📄 01_LUME_Paris_Montmartre_Investor_Deck.pdf
2 Documents · Available on Access
02
🔓
Financial Model
10-year operating model and market comparisons.
  • 📊 02_107_Ney_Boulevard_Model_vf.xlsx
  • 📄 03_107_Ney_CapEx_Budget_CES.pdf
  • 📊 04_Paris_Market_Comparables_Office.xlsx
3 Documents · Available on Access
03
🔓
Legal & Title
Signed LOIs and commercial terms.
  • 📄 05_LOI_107_Ney_Signed_AllParties.pdf
  • 📄 06_LOI_Activa_107_Ney_Feb2026.pdf
  • 📄 07_107_Ney_BNPP_Commercial_Terms.pdf
3 Documents · Available on Access
04
🔓
Asset & Planning
Architect schematics and project timelines.
  • 📄 08_107_Ney_Planning_Permit_Plans.pdf
  • 📄 09_Planning_Staffing_Schedule.pdf
2 Documents · Available on Access
05
🔒
Market Research
Paris hospitality market deep-dive, RevPAR analysis, competitive set benchmarking, and STR data
Coming Soon
06
🔒
Team & Track Record
ICP leadership bios, advisory board, European adaptive reuse deal history, and reference assets
Coming Soon

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