PropertyEU

FdM, Fonciere Massena buy and sell in France

By A staff reporter 2010-05-11T00:00:00

Foncière des Murs, the hospitality unit of Foncière des Régions, has sold four budget hotel properties in the French cities of Montpellier, Lille, Courbevoie and Nantes to different private investors for a total of EUR 24 mln. The disposal prices are in line with appraisal values, the company said.

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