• Foncière LFPI buys Paris Mercure

Foncière LFPI has acquired the Mercure Paris Porte de Versailles from Foncière des Murs, in a deal worth a total of Eu41.5m.

The 388-room property is rented to Accor under a 12-year renewable lease without break option, for a variable rent based on sales. The hotel is located immediately next to the exhibition complex at Porte de Versailles

See the full release here:
http://www.immobilier.bnpparibas.com/pages/actualites/fiche.php?s_code=fr_cp_mercure&l=en&r=286&t=bnppre&ctx=0&s_wbg_menu=376&s_id=0

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