Keyword: Foncière des Régions
French investment company Foncière des Régions has acquired 14 hotels operating under the Principal Hotels and De Vere brands.
Spanish REIT Merlin has sold a portfolio of hotels located primarily in Barcelona and Madrid to a subsidiary of Paris' Foncière des Murs.
With global brands signing deals throughout the country, Germany is a top pick for development.
The assets will be leased by NH Hotel Group for a 20-year period.