A joint venture of Crédit Agricole Assurances' Predica unit and Foncière des Murs (FdM) has signed an agreement with French hotel operator Accor group to acquire a portfolio of 48 hotels spread across France, Belgium and Germany. The transaction price amounts to EUR 367 mln, reflecting a yield of 6.6%.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
