Covivio et AccorInvest finalisent l’opération de remembrement de la propriété des murs et des fonds de commerce de leurs hôtels pour une valeur totale d’échange de près de 800 M€
🏨 Covivio finalized the property restructuring process with AccorInvest by the end of 2023, now owning all 43 hotels in France, Belgium, and Germany and transferring 16 hotels to AccorInvest within the same regions. Before the transaction, mid-2024, Covivio Hotels owned the walls of 54 hotels under variable lease agreements with AccorInvest. Additionally, Covivio Hotels was indirectly an asset manager for 60 other hotels through 2 joint ventures, established between 2010 and 2014, one 80% owned by Crédit Agricole Assurances and 20% by Covivio Hotels, and the other by Caisse des Dépôts et Consignations, Société Générale Assurances, and Covivio Hotels.
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