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Blackstone sells a portfolio of 45 hotels in France

The American Blackstone announces the sale of the Simply Hotels group, a portfolio of 45 French hotels to the real estate fund management company Mata Capital. The amount of the transaction was not disclosed. 

Hotel Campanile Hotel Campanile

The american investment fund Blackstone announces the sale of the Simply Hotels group to the real estate fund management company Mata Capital. 

The portfolio includes 45 French economic hotels, totaling 3,286 rooms, under the Kyriad, Ibis Styles, Campanile and Première Classe brands. They are located in Paris, Nice, Lyon, Toulouse and Marseille, as well as in regional leisure and business destinations. The amount of the transaction was not disclosed.