• Meininger expansion

Hotel group Meininger has agreed a deal to fund growth across Europe. An agreement with Fonciere des Regions will see the investor acquire up to EUR400m of new hotel properties, reports Reuters. 

The deal will have Meininger source suitable hotels in European gateway cities, which the company will then lease and manage. FdR will hold the properties through its Fonciere des Murs subsidiary.
Read the full story here:
http://www.reuters.com/article/2014/12/03/fonciere-des-reg-brief-idUSFWN0TN00N20141203
 
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