Benson Elliot hotel JV generates €550m from seven disposals

By a staff reporter 2017-11-13T00:00:00

A Benson Elliot hotel joint venture has completed the sale of two Westin hotels in Italy, bringing the proceeds of seven exits from the 8-asset Prime Europe Hotels (PEH) portfolio to €550 mln in 24 months. The joint venture had acquired the portfolio for €420 mln.

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