Hines and Accor to invest in a hotel in MilanoSesto
16 March, Monitor Immobiliare
Through the fund Unione 0 managed by Prelios, Hines and Accor signed a binding agreement for a 25-years lease of a new hotel in MilanoSesto, Milan. Developing over 19 floors and covering 16,000 Sqm, the building will provide 301 rooms between hotel rooms under the brand Novotel and serviced apartments by Adagio.
Source: Monitor Immobiliare
Translator: Cristina Ambrosi