Login

Accor signs memorandum of understanding to sell its stake in Essendi

As expected, Blackstone is set to acquire a stake in the company
The Sequana Tower, Accor's headquarters in Paris. (CoStar)
The Sequana Tower, Accor's headquarters in Paris. (CoStar)
Business Immo
April 1, 2026 | 5:10 P.M.

It was an open secret, the details of which were publicly revealed this evening: Accor and Blackstone, which had been in talks for months, as reported by Business Immo on Feb. 19, have finally signed a memorandum of understanding regarding the sale of Accor’s 30.56% stake in Essendi — formerly AccorInvest.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE