FdR readies €400m investment to raise stake in hotel arm

By Virna Asara 2015-02-23T00:00:00

French listed property group Foncière des Régions is spending some €250 mln on the acquisition of a 14.6% stake in its Foncière des Murs (FdM) hotel arm and plans to launch a takeover offer for the remaining share capital.

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