At the end of September, Eternam sold its majority stake from FCPI Phoenix Club Invest in the company operating the O'Lord hotel residence, located at 19 rue Lord Byron, in the 8th arrondissement. The purchaser is Victoires Haussmann, the minority shareholder, which in 2017 launched this FCPI fund with Eternam, dedicated to operations with a real estate underpinning and potential for value creation (value-add).