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ICG Writes €62 Million Loan For Sheraton Hotel at Nice Airport

The 4-Star Hotel Is Scheduled to Open in Spring 2022.
The hotel will comprise 235 rooms with amenities. (ICG)
The hotel will comprise 235 rooms with amenities. (ICG)

ICG Real Estate, the real estate business of Intermediate Capital Group has closed a €62 million whole loan to NAOS Hotel Group to support the forward acquisition of a hotel at Nice Côte d’Azur airport under the Sheraton brand.

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