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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