• Fibra addition

Mexican REIT Fibra Inn has bought the 143 room Hotel Mexico Plaza Silao for MXN91.2m. The hotel, in Guanajuato state, will be converted to a Wyndham Garden and relaunched in autumn 2014.

Fibra used a short term funding facility to finance the purchase, and will refinance the hotel when the deal is completed. The acquisition brings Fibra’s portfolio to 23 hotels with a further 3 in development.
Read the full story here:
http://www.businesswire.com/news/home/20140505006211/en/Fibra-Inn-Announces-Acquisition-Hotel-Mexico-Plaza#.U2jpMK1dWv0

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