Angelo Gordon and EQ Group have paid €181m for a portfolio of five Paris-area hotels that operate under flags owned by hospitality giants Intercontinental Group and Marriott International. The acquisition has been backed by an €120m loan from Aareal Bank.
Angelo Gordon, EQ Group buy Paris hotel portfolio backed by €120m Aareal bank loan
Gecina offloads five properties as part of plan to sell "non-strategic" assets
By Tony Wilbert
CoStar News
November 12, 2019 | 7:31 AM
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