Paris, France, November 6, 2019

Gecina finalizes the sale of its hotel portfolio with Angelo Gordon and EQ Group for €181m

Gecina has finalized the sale of its hotel portfolio based on a valuation excluding duties of approximately €181m to Angelo Gordon & Co and EQ Group.

This portfolio, comprising the premises and business of five hotels located in Paris, Boulogne, Bougival and Roissy, is from the Eurosic portfolio.

This operation is in line with the strategy to divest non-strategic assets.

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