Foncière des Régions enters into a new hotel partnership with Motel

Transcription

Foncière des Régions enters into a new hotel partnership with Motel
PRESS RELEASE
Paris, 10 February 2015
Foncière des Régions enters into a new hotel partnership
with Motel One
Foncière des Régions, via its subsidiary Foncière des Murs, announces the acquisition of two
Motel One hotels located in Berlin-Mitte and at the Frankfurt airport, Germany. With this sale &
lease back transaction, Foncière des Régions is entering into a new hotel partnership with a wellknown brand, Motel One, and simultaneously reinforcing its presence in Germany.
The acquisition of these two hotels represents a €34 million investment (taxes and fees included).
The establishments are under 20-year fixed leases and have a total of 450 rooms.
For Foncière des Régions, the leader in European hotel properties, budget hotels have strong
growth potential in Germany, where the penetration rate of chains is still low.
“With this initial transaction, Foncière des Régions intends to support Motel One in its
development, as we have done with our other hotel partners over the past ten years, such as
Louvre Hotels Group, B&B Hôtels, and more recently, Meininger,” underlines Gaël Le Lay,
Deputy CEO Hotels & Service sector.
With 48 hotels and nearly 13,000 rooms, Motel One is one of the most dynamic brands in budget
hotels. Combining comfort and design, excellent locations and affordable prices, Motel One is
aspiring to significantly grow its operations in Europe.
Contacts
Press Relations
Géraldine Lemoine
Tel : + 33 (0)1 58 97 51 00
[email protected]
Investor Relations
Paul Arkwright
Tel : + 33 (0)1 58 97 51 85
[email protected]
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Foncière des Régions, co-créateur d’histoires immobilières
As a key player in real estate, Foncière des Régions has built its growth and its portfolio on the
key and characteristic value of partnership. With a total portfolio valued at €16Bn (€10Bn in group
share), located in the high-growth markets of France, Germany and Italy, Foncière des Régions is
now the recognised partner of companies and territories which it supports with their real estate
strategies with a twofold: adding value to existing urban property and designing buildings for the
future.
Foncière des Régions mainly works alongside Key Accounts (Orange, Suez Environnement, Edf,
Dassault Systèmes, Thales, Eiffage…) in the Offices market as well as being a pioneering and
astute operator in the two other profitable sectors of Residential market in Germany and Hotels in
Europe.
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.en.foncieredesregions.fr
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