ANF buys B&B hotel portfolio for EUR 471 mln

By A staff reporter 2007-10-17T00:00:00

French property investment company ANF has paid EUR 471 mln for a portfolio of 159 B&B Hotel and Villages Hotel properties operated by the B&B Group. Financing approximately 60% of the purchase price will allow the company to build up its equity base in order to pursue further expansion.

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