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B&B Hôtels

Hospitality 18/03/2021

B&B Hotels raises €180m to pursue its international development

In order to secure its financial situation and pursue its international development ambitions, France's B&B Hotels group has just raised €180m in funds, including (...)

Hospitality 08/12/2020

Perial AM acquires two hotel assets near Paris for €22m

On behalf of its SCPI PFO, Perial Asset Management (AM) has just acquired from Axe Promotion a portfolio of two hotel assets managed by (...)

Hospitality 03/12/2020

Perial AM’s SCPI PF Hospitalite Europe acquires its first asset for €6m

Paris-based manager Perial Asset Management (AM) has announced the first acquisition of its SCPI PF Hospitalité Europe, mainly invested in the Euro zone and (...)

Housing 07/07/2020

Primonial REIM pays €109m for 25,000 sqm mixed-use complex in Ivry-sur-Seine

French investment manager Primonial REIM has j acquired off-plan, on behalf of one of its funds, a mixed-use property complex of nearly 25,000 sqm, (...)

Hospitality 14/05/2020

France’s hospitality players draw up a recovery plan for the hotel industry

AhTop, the representative association of France’s professional hospitality and tourism stakeholders, has presented a plan to revive the hotel industry to the Interministerial Committee (...)

Hospitality 02/07/2019

“Covivio has acquired a stake in 32 Accor hotels with significant value creation potential”

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 (...)

Hospitality 20/05/2019

Goldman Sachs nears €2bn purchase of economy hotel chain B&B

Goldman Sachs, becoming more active as a principle real estate investor in Europe, is nearing a €2bn purchase of France-based economy hotel chain B&B. Bloomberg (...)

Hospitality 17/01/2019

French Covivio completes disposal of non-strategic assets worth €482m

French REIT/SIIC Covivio has announced the sign-off of disposals worth €482m relating to budget hotels and retail assets. In a release, the Paris-based group said (...)

Hospitality 19/10/2018

Covivio Hotels targets seven Euro cities, profit over 30%, best use

French REIT/SIIC Covivio has pared hotel holdings to 400 and now targets seven European cities, operating profit of over 30% and cooperation with operators (...)