EURAZEO INVESTS IN BABYLON, A FRENCH OPERATOR OF NEXT-GENERATION APARTHOTELS

EURAZEO
66, rue Pierre Charron – 75008 Paris
www.eurazeo.com

May
2026

PRESS RELEASE
EURAZEO INVESTS IN BABYLON, A FRENCH OPERATOR OF NEXT-GENERATION APARTHOTELS

Paris, 26 May 2026

Eurazeo, through its EZORE fund, has acquired a majority stake in Babylon, an integrated aparthotel operating platform, active in Paris and in the Greater Paris area. This transaction marks the second investment of the EZORE fund, following the acquisition of Aquardens in Italy. Babylon’s founders remain shareholders.

Eurazeo’s Real Estate team will actively support Babylon’s expansion, with the objective of tripling the size of its portfolio by 2030. Eurazeo will support Babylon in acquiring new assets, including underperforming hotels and vacant office buildings to be repositioned, ranging from 500 to 4,000 sqm. This growth will also be driven through management contracts for targeted third-party-owned assets. Beyond these initiatives, Eurazeo will further strengthen the platform’s structure and teams.

Founded in early 2025 by Martin Stalla-Bourdillon, CEO, along with Thomas Zaepffel and Geoffroy Mestrallet – both co-founders of Kerria AM – Babylon is a fast-growing owner-operator platform of next-generation aparthotels. The company has successfully positioned itself in a segment of the Parisian hospitality market that is experiencing structural growth in a highly constrained and regulated environment.

Babylon’s assets combine the comfort of an apartment with the quality of a hotel. The company is capitalising on structural shifts in both travel behavior and real estate. Its platform provides guests with places that combine prime central locations, refined design and a high degree of autonomy, with the aim of enhancing their experience. Babylon also focuses on repurposing existing buildings to create sustainable living spaces aligned with best-in-class energy standards, demonstrating a strong commitment to the ecological transition and urban regeneration.

To date, Babylon operates or is developing approximately 5,400 sqm (~400 beds), with an additional pipeline under exclusivity of nearly 5,000 sqm (~400 beds).

Riccardo Abello and Pierre Larivière, Co-Heads Real Estate, declared:

“We are delighted to partner with Babylon and its founding team. The company has established a compelling position in the aparthotel segment, underpinned by strong growth ambitions and alignment with evolving structural trends. This investment reflects the relevance and ambition of EZORE, which is dedicated to supporting high-growth European companies that both operate and own their real estate assets.“

Martin Stalla-Bourdillon, CEO of Babylon, Thomas Zaepffel and Geoffroy Mestrallet added:

“We view Eurazeo’s investment in Babylon as a major milestone. This partnership validates both our vision and our positioning in a rapidly evolving market. The backing of a leading institutional partner will enable us to accelerate our growth while remaining true to our DNA, grounded in asset quality, operational excellence and customer experience.”

ABOUT EURAZEO

• Eurazeo is a leading European investment group with €39 billion in diversified assets under management, including €30 billion on behalf of institutional and retail clients through its private equity, private debt, real estate and infrastructure strategies. The Group supports 700 mid-market companies, leveraging the commitment of its 450-strong workforce, its in-depth sector expertise, its privileged access to global markets through 15 offices across Europe, Asia and the United States, and its responsible approach to value creation based on growth. The company's institutional and family shareholding structure, and its solid financial structure, ensure its long-term viability.
• Eurazeo has offices in Paris, New York, London, Frankfurt, Berlin, Munich, Milan, Stockholm, Madrid, Luxembourg, Shanghai, Seoul, Singapore, Tokyo and São Paulo.
• Eurazeo is listed on Euronext Paris.
• ISIN: FR0000121121 - Bloomberg: RF FP - Reuters: EURA.PA.

CONTACT INVESTOR
RELATIONS

Pierre Bernardin
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ir@eurazeo.com
+33 (0)1 44 15 01 11

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