Banimmo acquires the hotel and conference centre Dolce Chantilly (FR)

Banimmo (69% owned by closed end real estate investment company Affine) acquired the hotel and conference centre 'Dolce Chantilly' from AEW.

Dolce Chantilly forms the whole of a hotel with 200 4-star rooms, 32 conference rooms, 3 restaurants, 2 swimming pools and an 18-hole golf course with clubhouse. The site covers 80 hectares in the Chantilly Forest about 20 km from Paris.The purchase price is €45 million.

This acquisition means considerable added value for the Banimmo portfolio and fits in with Banimmo's investment pattern particularly regarding investments in complex sites built with a view to holding international conferences and seminars. This purchase completes Banimmo's portfolio and is complementary to the hotel and conference centre of 'Dolce Terhulpen Brussels' that will be opening its doors in February 2007. Dolce International will be carrying out the management of 'Dolce Chantilly' and 'Dolce Terhulpen Brussels'.

Source: Affine

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