• Fibra buy

Mexican REIT Fibra Inn has bought the Mexico Plaza Leon Centro Max hotel in Leon, Guanajuato, for MXN150m. The 126 room hotel will be converted to run as a Wyndham Garden.

Fibra used funds from its recent initial public offering to make the purchase. The hotel is the third Fibra has acquired from Grupo, a regional hotel chain with properties mainly in central Mexico.
Read the full story here:
http://www.businesswire.com/news/home/20140117005478/en/Fibra-Inn-Announces-Acquisition-Hotel-Mexico-Plaza#.Utwk3x7fWSM

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