03-05-2018

Covivio continues to expand its hotel business in Europe

Covivio signs an agreement to purchase a prime portfolio in the United Kingdom for £858M.

Covivio buys 14 four and five-star hotels and will sign long-term leases for 13 of the properties with InterContinental Hotels Group.

Following its acquisition of two prime portfolios in Germany and Spain, Covivio, through its dedicated hotel subsidiary Covivio Hotels, has signed an

agreement to buy an iconic portfolio of 14 four and five-star hotels from Starwood Capital for £858M (€976M).

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Press Relations

Géraldine Lemoine

Tél : + 33 (0)1 58 97 51 00

geraldine.lemoine@covivio.fr

 

 

Laetitia Baudon

Tél : + 33 (0)1 44 50 58 79

laetitia.baudon@shan.fr

Investors Relations

Paul Arkwright

Tél : + 33 (0)1 58 97 51 85