CLS Holdings Revamps Paris Property into Aparthotels

CLS Holdings (GB:CLI) has released an update.

CLS Holdings plc has announced a €12 million investment to transform its Debussy office building in Paris into 57 serviced apartments, with construction slated to start in early 2025. The property, to be managed by Edgar Suites on a 12-year lease, aligns with CLS’s sustainability strategy and responds to the rising demand for housing. The project, expected to complete by the end of 2026, also represents an innovative step in diversifying the company’s portfolio and tapping into a lucrative market segment.

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