AXA checks into 2,300-room European hotel portfolio for €531m

By Isobel Lee 2019-10-01T00:00:00

Global real asset investor AXA Investment Managers - Real Assets (AXA IMRA) has acquired a portfolio of 11 European hotels from Principal Hotel Immobilien Spezialfonds, managed by European real estate investment manager Principal Real Estate, for a net price of €531 mln.

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