Eurazeo Acquires Majority Stake in Babylon, French Specialist in Next-Generation Aparthotels
Eurazeo, through its EZORE fund, has acquired a majority stake in Babylon, an aparthotel operation platform in Île-de-France. This second investment by the fund aims to triple the portfolio of the young company by 2030.
An Integration Strategy Focused on Urban Rehabilitation
Founded in early 2025 by Martin Stalla-Bourdillon (President), Thomas Zaepffel, and Geoffroy Mestrallet, Babylon occupies a segment of the tourist accommodation market in Paris characterized by structural growth and a highly regulated tight market. The platform combines ownership and operation of next-generation aparthotels, offering the comfort of an apartment with the services of a hotel. The company leverages the rehabilitation of existing buildings (obsolete hotels, vacant office buildings) to create living spaces with high energy standards. Babylon thus capitalizes on the structural changes in travel and real estate, while committing to ecological transition and urban rehabilitation.
A Portfolio to be Developed in Île-de-France
Babylon currently has about 5,400 square meters either open or under development (approximately 400 beds) and has an exclusive pipeline of nearly 5,000 additional square meters (approximately 400 beds). The Real Estate team at Eurazeo will support the scaling up of the platform through the acquisition of new real estate assets ranging from 500 to 4,000 square meters and by signing management contracts for assets owned by third parties. Eurazeo will also strengthen the structuring of the platform and its teams to achieve the goal of tripling the managed portfolio by 2030.
