AXA Real Estate bags European hotel portfolio

By A staff reporter 2011-07-22T00:00:00

AXA Real Estate Investment Managers has acquired a portfolio of six hotels from Foncière des Murs (FdM) for EUR 132.9 mln in cash on behalf of a joint venture between an investment vehicle of an AXA Group insurance company, Caisse des Dépôts and Sogecap. The transaction, which was sourced off-market ...

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