Foncière des Régions has acquired five four star hotels located in Düsseldorf, Frankfurt, Nürnberg, Oberhausen and Stuttgart, which are currently operated by NH Hotel Group. Foncière des Régions will keep the NH brands and will continue operating in these hotels under new lease agreements with NH Hotel Group. The final acquisitions of the hotels will occur in 2017 and represents a total investment of €125 million.
