PropertyEU

FdM, Predica in EUR 173m Campanile hotel deal

By A staff reporter 2011-03-01T00:00:00

Foncière des Murs (FdM) and Predica have stepped up their partnership in the hotel sector with a major property acquisition in France. The pair have signed a memorandum of understanding with Louvre Hôtels to acquire a portfolio of 33 Campanile hotels for EUR 173 mln.

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