Foncière des Régions buys 18 European hotels

27 July 2016

FDM Management, a subsidiary of French real-estate giant Foncière des Régions, has taken control of two hotel portfolios – 18 hotels in total – for the sum of €936 million.

The properties, which include the Park Inn on Berlin’s Alexanderplatz, comprise nine hotels in Berlin, Dresden and Leipzig; and nine in France and Belgium.

"With these two major transactions, we are entering high-growth markets in partnership with the main international operators," FDM chairman Dominique Ozanne said in a statement. "As such, we are securing our position as a major
player in hotel investments, and our aim is to continue our development in Europe."



Privacy Policy
We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.