PropertyEU

FdM buys EUR 85m of B&B hotels, plans capital increase

By A staff reporter 2010-10-08T00:00:00

Foncière des Murs (FdM) has signed a purchase agreement with the B&B group for a portfolio of hotels, representing 1,980 rooms, for a price of EUR 85 mln, including fees. The portfolio consists of hotels located in France and Germany, in use and under development.

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