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03 October 2019 | Hôtellerie

Christie & Co sells a portfolio of 5 hotels in France

Christie & Co assisted Solanet Gestion Hôtelière and Extendam in the acquisition of a portfolio of five hotels.

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The sale represents 442 rooms under the Holiday Inn and Holiday Inn Express brands located in Lille, Amiens, Clermont-Ferrand and Toulon. These establishments were sold freehold except for the Holiday Inn Express in Toulon Sainte Musse, which is held in leasehold.

Located in dynamic cities, these establishments offer good growth prospects for the buyer.

Thomas KRYNEN, Head of South East Region at Christie & Co who led this case is satisfied with the excellent collaboration that took place between the parties throughout the sales process.

Solanet Gestion Hôtelière currently operates around 40 independent or sub-branded establishments and signs their second collaboration with Extendam, as well as their second transaction of the year with our company.