PropertyEU

CBRE arrange financing for Italian hotel owner

By A staff reporter 2008-08-01T00:00:00

CB Richard Ellis said its EMEA debt advisory and hotels teams have arranged EUR 60mln financing for a portfolio of NH hotels in Italy owned by Framon Real Estate. In a statement, CBRE said the final terms of the financing were agreed with WestLB, Westdeutsche ImmobilienBank and UniCredit.

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