Business Immo: What does Covivio Hotels unit represent today? Dominique Ozanne: Today, Covivio's hotel business represents €6bn in assets, representing around 15% of our revenues. This activity (...)
Paris-based SIIC/REIT Covivio has paid €176m to acquire a 32% stake in 32 Accor hotels in France and Belgium from AXA IM-RA. In an exclusive interview with Busines Immo, Deputy Managing Director Dominique Ozanne explains the transaction and the group’s overall roadmap for hotels.
Business Immo: What does Covivio Hotels unit represent today? Dominique Ozanne: Today, Covivio's hotel business represents €6bn in assets, representing around 15% of our revenues. This activity (...)
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