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First Sponsor Group acquires two hotels in Amsterdam

Hotels in 54.6m euro deal under Holiday Inn and Holiday Inn Express brands

Published Thu, Jun 18, 2015 · 09:50 PM

Singapore

FIRST Sponsor Group announced on Thursday morning that it has completed its acquisition of two hotels in Amsterdam - a Holiday Inn and a Holiday Inn Express - with 509 carpark lots for 54.6 million euros (S$82.9 million).

Earlier in April, the property group announced that it had entered into a sale and purchase agreement with a German institu…

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