Saturday
18 August 2018
ADVERTS

Fonciere des Regions acquires NH Hotels

21 November 17 - RE+D Magazine
Fonciere des Regions acquires NH Hotels

COMPANIES

ETAD.A.E.

Public entity - GREECE

Savills

Consultant - GREECE

IBI Group

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
Taking a new step forward in the partnership with NH Hotel Group, Foncière des Régions has signed an agreement with the operator on the acquisition of options to purchase four 4* hotels located in Germany and the Netherlands.

 

NH Hotel Group will continue to operate these hotels on the basis of new sustainable leases.

According to Foncière’s official press release, the final acquisitions, representing a total investment of €111 million for Foncière des Régions, are planned between the end of 2018 and the start of 2019.

The hotels acquired, located in Berlin, Hamburg, Amsterdam and Amersfoort, and built or renovated after 2006, total 637 rooms.

They will have firm 20-year leases, at variable rent with a guaranteed minimum.

At the end of this new operation, Foncière des Régions will become NH Hotel Group lessor of reference, with 11 hotels in Europe.

Foncière des Régions is thus continuing to strengthen its position in the most dynamic major European cities, with strong growth prospects for income per room.

Comments

You must be logged in to make a comment
WAVE MEDIA OPERATIONS IKE © 2001-2017 | Όροι Χρήσης
Internet Business Hellas