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Partouche Group completes the sale of a building in Cannes

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The Partouche Group has finalized the sale of a building in Cannes, on Rue François Einesy, previously occupied by the 3.14 Hotel. The building's surface area exceeds 5,000 m². The casino, previously located on the ground floor, was transferred to the Palm Beach in December 2024. The building is being purchased by the Chapitre Six hotel group.

This real estate transaction could increase dividends paid to minority shareholders, bringing them to an amount equivalent to that distributed over the past two years, i.e., €3.1 million. Groupe Partouche is continuing its diversification strategy in its core businesses of casinos, hotels, restaurants, and leisure centers.

R. H.

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