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PARIS — April 17, 2026

An investment fund managed by Morgan Stanley Real Estate Investing (MSREI), together with its partner QuinSpark Investment Partners (QuinSpark), today announced the sale of the Pullman Paris Tour Eiffel, a landmark 435‑room hotel, to a consortium of investors managed by Batipart Europe. QuinSpark will continue to serve as operating partner to the consortium.

The Pullman Paris Tour Eiffel is one of Paris’ most prominent upscale hotels, located steps away from the Eiffel Tower and operated by Accor under the Pullman brand. The hotel was acquired in March 2024 by MSREI in partnership with QuinSpark, as part of its strategy to invest in high‑quality hotels in Europe’s leading gateway cities.

Since acquisition, MSREI and QuinSpark have pursued an active value‑creation program, including operational enhancements,  improvements to the guest experience and reductions in energy consumption. As a result, the hotel has achieved strong operating performance and reinforced its positioning in the resilient Paris hospitality market.

Charles du Breuil, Head of France for Morgan Stanley Real Estate Investing, said:
“This successful investment in the Pullman Paris Tour Eiffel hotel reinforces our conviction in the long‑term growth prospects of Europe’s gateway city hotel markets.  It also demonstrates how combining the selective acquisition of high‑quality assets with active asset management initiatives can drive investment performance and create value for our investors.”

Jerome Cherpin, Managing Director of Asset Management at QuinSpark Investment Partners, commented: “QuinSpark’s teams are delighted with the quality of the partnership, which enabled QuinSpark and MSREI to successfully implement the action plan defined at the time of the acquisition. Moreover, the teams are enthusiastically preparing to work with Batipart Europe to deliver a particularly ambitious renovation program.”

About Morgan Stanley Investment Management

Morgan Stanley Investment Management, together with its investment advisory affiliates, has more than 1,300 investment professionals around the world and $1.9 trillion in assets under management or supervision as of March 31, 2026. Morgan Stanley Investment Management strives to provide strong long-term investment performance, outstanding service, and a comprehensive suite of investment management solutions to a diverse client base, which includes governments, institutions, corporations and individuals worldwide. For further information about Morgan Stanley Investment Management, please visit www.morganstanley.com/im

About Morgan Stanley

Morgan Stanley (NYSE: MS) is a leading global financial services firm providing a wide range of investment banking, securities, wealth management and investment management services. With offices in 42 countries, the Firm’s employees serve clients worldwide including corporations, governments, institutions and individuals. For further information about Morgan Stanley, please visit www.morganstanley.com.

Morgan Stanley Real Estate Investing

Morgan Stanley Real Estate Investing (MSREI) manages global value-add / opportunistic and regional core / core-plus real estate investment strategies. The team's experience encompasses a broad array of asset classes, geographic regions and investment themes across all phases of the real estate cycle.