Foncière des Régions acquires the “NH Amsterdam Centre” hotel
Transcription
PRESS RELEASE Paris, 11 June 2014 Foncière des Régions acquires the “NH Amsterdam Centre” hotel**** from the NH Hotel Group A new hotel real-estate partnership with a key European player Foncière des Régions, through its specialist Hotel & Service-sector subsidiary Foncière des Murs, acquires an “NH Hotels” hotel from the NH Hotel Group in Amsterdam. This ideally-situated fourstar establishment, with 232 rooms, is subject to a 20-year triple net fixed-term lease. The acquisition represents an investment of €47.9M (transfer taxes included). This acquisition also paves the way for a new partnership for Foncière des Régions with a new brand, NH Hotel Group, which is one of the leaders in Europe and worldwide with 400 hotels and some 60,000 rooms spread across 28 countries. Foncière des Régions is thus embarking on a new stage in the realisation of its development strategy on the European ladder, whilst diversifying its hotel partnerships. Relying on the dynamism and capacity for innovation of the NH Hotel Group, and on Foncière des Régions' 360° integrated expertise in hotel real-estate, the two partners intend to develop their partnership in Europe. "As a pioneer in the hotel real-estate sector, Foncière des Régions is currently the leader in that market which harbours numerous development opportunities. We are delighted about this new partnership with a leading brand. The transaction bears witness to our capacity for undertaking complex and specific operations, and this thanks to our mastery of the competencies required for hotel real-estate and our perfect comprehension of the Key Accounts", emphasises Dominique Ozanne, Managing Director of Operations for Foncière des Régions and Chief Executive Officer of Foncière des Murs. 1/2 Contacts: Media Relations Géraldine Lemoine Tel: + 33 (0)1 58 97 51 00 [email protected] Investor Relations Philippe Le Trung Tel: + 33 (0)1 58 97 52 04 [email protected] Foncière des Régions, real estate partner As a partner to companies’ real estate strategy, Foncière des Régions designs simple and innovative solutions alongside them. The aim of these strategies is twofold: of adding value to existing urban property and designing buildings for the future. Foncière des Régions owns and manages real estate assets of €10 bn group share (€16 bn total share), which are primarily rented to key accounts who are the leading companies in their sector (Suez Environnement, Thales, Dassault Systèmes, Orange, EDF, IBM, and Eiffage, etc.). This responsible partnership culture is based on key values and know-how: namely vision and expertise. Foncière des Régions shares are listed in the Euronext Paris A compartment (FR0000064578 FDR), are admitted for trading on the SRD, and are included in the composition of the MSCI, SBF 120, Euronext IEIF “SIIC France” and CAC Mid100 indices, in the “EPRA” and “GPR 250” benchmark European real estate indices, and in the FTSE4 Good, DJSI World and NYSE Euronext Vigeo (World 120, Eurozone 120, Europe 120 et France 20) ethics indices. Foncière des Régions is rated BBB-/Stable by Standard and Poor’s. www.foncieredesregions.fr 2/2
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