Fibra Inn Acquires Best Western Valle Real Hotel in Monterrey, Nuevo Leon, Mexico

Fibra Inn | October 19, 2016

MONTERREY, Mexico--Deutsche Bank Mexico, S.A., Banking institution, Trust Division F/1616 or Fibra Inn (BMV: FINN13, ADR OTC: DFBRY) ("Fibra Inn" or "the Company"), the Mexican real estate investment trust specializing in the hotel industry serving the business traveler with international brands, announced today that it has completed the payment and acquisition of the Best Western Valle Real Hotel located in Monterrey, in the state of Nuevo Leon; and which adds 85 rooms to the Company's portfolio. The transaction was paid in cash using the resources obtained from the bank loan, and represented a total investment of Ps. 67.0 million, plu...