ANF completes EUR 471m acquisition of B&B hotel premises

By A staff reporter 2007-11-02T00:00:00

French real estate investment company ANF has completed the EUR 471 mln acquisition of 159 hotels from B&B, France's third largest budget hotel group. B&B will continue to manage the hotels after signing a 'triple net' lease for an initial global rent of EUR 27.3 mln. Leases are for ...

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