Fonciere des Regions : Foncière des Régions builds up its European partnership with NH Hotel Group

Paris, 17thNovember 2017

Taking a new step forward in the partnership with NH Hotel Group, Foncière des Régions has signed an agreement with the operator on the acquisition of options to purchase four 4* hotels located in Germany and the Netherlands. NH Hotel Group will continue to operate these hotels on the basis of new sustainable leases. The final acquisitions, representing a total investment of

€111 million for Foncière des Régions, are planned between the end of 2018 and the start of 2019.

The hotels acquired, located in Berlin, Hamburg, Amsterdam and Amersfoort, and built or renovated after 2006, total 637 rooms. They will have firm 20-year leases, at variable rent with a guaranteed minimum.

At the end of this new operation, Foncière des Régions will become NH Hotel Group lessor of reference, with 11 hotels in Europe.

Foncière des Régions is thus continuing to strengthen its position in the most dynamic major European cities, with strong growth prospects for income per room.

"With this 3rdjoint operation, we are entering a new phase in our partnership with NH Hotel Group, initiated in 2014. It demonstrates our ability to adapt to each of our clients' strategies. We support them in their day-to-day and long-term development thanks to our detailed knowledge of the challenges they face. Our recognised know-how have enabled Foncière des Régions to be today one of the largest institutional investor worldwide in hotel real estate", declaredDominique Ozanne, CEO Hotels Foncière des Régions.

NH Hotel Group is an established international operator and one of the leaders in the urban hotels sector. The group operates nearly 400 hotels with close to 60,000 rooms, in 31 countries across Europe, America and Africa, in flagship destinations such as Amsterdam, Barcelona, Berlin, Bogotá, Brussels, Buenos Aires, Dusseldorf, Frankfurt, London, Madrid, Mexico City, Milan, Munich, New York, Rome and Vienna.

"The operation is in line with our strategy of maximizing profitability through a leading and efficient hotel management model, while at the same time taking advantage of opportunities to fine-tune the Group's asset structure and boost growth through an asset-light agreements. In this sense we hope that our partnership with Foncière des Regions will help us continue consolidating our presence in current markets and open doors in other key destinations in which we wish to increase significantly our presence such as France or UK", says Ramón Aragonés, CEO of NH Hotel Group.

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As a key player in real estate, Foncière des Régions has built its growth and its portfolio on the key and characteristic value of partnership. With a total portfolio valued at €21Bn (€13Bn in group share), located in the high-growth markets of France, Germany and Italy, Foncière des Régions is now the recognised partner of companies and territories which it supports with its two-fold real estate strategy: adding value to existing urban property and designing buildings for the future.

Foncière des Régions mainly works alongside Key Accounts (Orange, Suez Environnement, EDF, Dassault Systèmes, Thales, Eiffage, etc) in the Offices market as well as being a pioneering and astute operator in the two other profitable sectors of the Residential market in Germany and Hotels in Europe.

Foncière des Régions shares are listed in the Euronext Paris A compartment (FR0000064578 - FDR), are admitted to trading on the SRD, and are included in the composition of the MSCI, SBF 120, Euronext IEIF "SIIC France" and CAC Mid100 indices, in the "EPRA" and "GPR 250" benchmark European real estate indices, and in the ESG FTSE4 Good, DJSI World & Europe, Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20), Oekom, Ethibel and Gaïa ethical indices.

Foncière des Régions is rated BBB/Stable by Standard and Poor's. www.en.foncieredesregions.fr

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NH Hotel Group is a consolidated multinational operator and one of the world's leading urban hotel groups with almost 400 hotels and close to 60,000 rooms in 31 countries across Europe, America and Africa. The Company operates under the successful international brands NH Collection, NH Hotels, nhow and Hesperia Resorts, each one with its own differential value proposition.

From an exceptional culinary offer led by globally renowned Michelin star chefs to the latest available innovations to ensure high-performance and high-impact meetings and events, such as 3D holographic technology and interactive collaboration systems. The Company has solutions that adapt to the way of living, working and interacting of its consumers, thus delivering memorable experiences.

In addition, NH Hotel Group is an industry leader in the integration of responsible management in business, contributing to the sustainable and transparent development of the Group's economic, social and environmental initiatives.

Tel: +34 91 451 9718 (switchboard) Email: comunicacion@nh-hotels.com

Corporate website: www.nhhotelgroup.com

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