Foncière des Murs, the hospitality property arm of Foncière des Regions, has announced the sale of four hotels in France to a number of family offices for EUR 24 mln. The hotels, which are operated under the Ibis and Etap brands, are located in the cities of Nantes, Lille, Courbevoie and Montpellier.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
