Primonial Group targets hospitality growth after deal with ex-Covivio Hotels CEO

Eiffel Tower, Paris. (Free-Photos/Pixabay)

France’s Primonial Group is set to make a push into the hotel sector after agreeing a deal with the former CEO and deputy CEO of Covivio Hotels.

As part of its diversify its asset diversification strategy, Primonial is targeting similar goals to its investments in healthcare properties where it has over €9 billion in assets under management.