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€899.99 including tax
Writing articles like this helps us to offer the market-leading database of European single-family offices. In this article, we report on a real estate deal of the French family office of Pierre Bastid, Zaka Investments.
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Zaka Investments, the real estate arm of the family office of French industrialist Pierre Bastid, has acquired the three-star, 50-room Hôtel La Savoyarde in the luxury Alpine ski resort of Val-d’Isère, France. The property is located in the French Alps near the Italian border, approximately three hours southeast of Geneva, and features a restaurant, bar, and lounge. Following the acquisition, Zaka Investments plans to refurbish and rebrand the hotel as Nolinski Val d’Isère under the Evok Collection brand, the hospitality operating arm of Pierre Bastid’s family office. The reopening is scheduled for December 2029, with the property set to offer 45 rooms upon completion. The redevelopment will be led by LECOADIC SCOTTO.
About the Zaka Investments family office: Pierre Bastid’s Parisian real estate vehicle
Zaka Investments is the private real estate company of Pierre Bastid’s family office, founded in 2012 . The firm has focused primarily on prime Parisian commercial real estate, pursuing complex transactions and managing the full value chain from acquisition and financing through asset management, project ownership, and commercialization or disposal. Staffed by a team of around ten people, Zaka Investments combines near-institutional financial capacity with the decision-making agility to pursue complex and atypical investments, either independently or in partnership. Since 2012, the firm has completed several large transactions, including multiple institutional disposals of office buildings and portfolios of retail properties to buyers such as Generali, AEW, Groupama, Ardian, DWS, and Union Investment. As majority shareholder of the Evok Collection hotel group, Zaka Investments also oversees its real estate development, handling sourcing, acquisition, structuring, permitting, and project management through to delivery. Evok Collection currently operates five hotels in Paris and Venice, including Brach Paris, Nolinski Paris, Cour des Vosges, and Sinner Paris, with further properties under development in Madrid, Rome, and Saint-Tropez.
Picture Source: Unsplash, Ryan Klaus
Article Source: Hospitalitynet, 07.07.2026
Last Updated on July 7, 2026
