French Foncière des Régions keen to bet on UK market。The investment giant has unveiled a reported .1 billion - managed by the Principal 188bet online casino games and De Vere、14 188bet online casino games owned by Starwood Capital Group，Number of rooms exceeds 2,200 rooms。Most of these 188bet online casino games are located in the heart of London，Rooms priced over 0 per night。Some real estate projects are also located in Edinburgh、UK markets such as Leeds and Manchester。

After the transaction is completed，Probably in June，13 of the hotels will be converted into InterContinental brand hotels，It is reported that it may be InterContinental、Kimpton、Or a new brand that has not yet been announced。The deal helps spur Kimpton brand expansion in Europe。As understood，2014，InterContinental 188bet online casino games with 4.USD 300 billion acquisition of Kimton brand，But growth is slow internationally。There is currently only one Kimpton 188bet online casino games in Amsterdam open in Europe。2016，InterContinental Hotels announces 149-room Kimpton 188bet online casino games near Paris Opera to open in 2020。In addition, Kimpton also has a contract project in Asia。

Under management agreement with Foncière des Régions，InterContinental 188bet online casino games will operate and manage these 188bet online casino games for a long time。

Photo credit: Principal 188bet online casino games Company

Since IHG CEO Keith Barr took the helm last July，M&A transactions have become part of the company’s recent growth。Since taking office，Keith Barr has been committed to developing the Kimpton brand internationally，Includes acquisition of shares in Regent Hotels brand，Announcement of new high-end 188bet online casino games brand。

In this transaction，Barr said: "We are focused on continuing to expand our leadership position in the luxury and high-end 188bet online casino games market，These are high-value market segments with significant growth potential。Bringing Kimpton to such an important market as the UK is an important part of our plan，Just like the introduction of our new high-end brand，It will provide an exciting experience for guests and owners、Differentiated products。With the recent addition of Regent 188bet online casino games to our portfolio，We are looking for real growth momentum behind this program and industry-leading room revenue growth。”

Pursuant to the agreement between InterContinental Hotels and Foncière des Régions，InterContinental 188bet online casino games will:

1. Keep the franchise fee before rent is paid;

2、As inflation increases，Estimated to 2021，Rent stabilized at million/year;

3、When rent is stabilized，Cumulative limit on annual rent payment difference of US-66 million;

4. The profit share after retaining the rental income.

For multi-billion dollar transactions，188bet online casino games multi-billion dollar deal shows confidence in the UK property market and UK tourism，Partly due to Brexit、The pound depreciated、And the weakness of the British economy。The pound fell slightly against the euro，At 188bet online casino games time the exchange rate of euro to euro is about 1.134€。

“This acquisition is a copy of France、Germany and Spain have launched an opportunity for development strategies，” said Dominique Ozanne, Vice President of Foncière des Régions，This deal will help Foncière des Régions consolidate its presence in European 188bet online casino games、Leading position in the real estate investment market。

February 2013，Starwood Capital Group acquires Principal Hayley (lifestyle 188bet online casino games chain，A collection of hotels located in landmark buildings across the UK。)。The next two years，Starwood Capital merges with Hayley、De Vere Venues，And Four Pillars by The Principal 188bet online casino games Company 。

“This landmark transaction is an important milestone in our extraordinary journey with The Principal 188bet online casino games Company，" said Cody Bradshaw, Managing Director and CEO of Starwood Capital Group Europe，Five years ago，We have begun an investment strategy，Aims to consolidate over 50 hotels owned by four different UK 188bet online casino games companies，Form a leading platform。Through this acquisition of Foncière des Régions，Since acquisition，We have completed 35 asset disposals。As a long-term institutional investor， The Foncière des Régions are special custodians of real estate，We couldn’t be more excited to pass on this collection of iconic assets to them。

Starwood Capital brings 188bet online casino games portfolio to market in November 2017。

*Source of 188bet online casino games article: Maidian.com, original title: "Benefiting from the exit of Starwood Capital, Intercontinental vigorously expands the European market》.