Fonciere des Regions £858 million acquisition of Starwood Capital UK hotels portfolio

Overview:

• Fonciere des Regions has acquired Starwood Capital UK hotels portfolio for £858 million.
• The deal comes after a couple of ventures into the German and Spanish real estate markets and as a part of the acquirer's geographical diversification target.
• The acquisition consists of 14 four and five-star hotels sold by the American investor Starwood Capital.

Katrin Kostadinova - Data analyst