PropertyEU

Central European Estates sells hotel property arm to Inventech

By A staff reporter 2009-10-23T00:00:00

Central European Estates (CEE) has reportedly sold its loss-making hospitality subsidiary, CEE Hotel Holdings, to Inventech for NIS 117 mln (EUR 21 mln). The disposal follows the acquisition by CEE of a 74% stake in Inventech earlier this week, according to an article in the online edition of Globes.

You have now reached your article limit

Already have an IPE Real Assets account? Sign in

PropertyEU has merged with IPE Real Assets

If you had a PropertyEU account, simply reset your password to get access to IPE Real Assets.

New users can Register for free today for access to the PropertyEU Archive and IPE Real Assets.

Register today

Registration also includes access to IPE

Gated access promo

Five reasons to register today

  1. Access IPE Real Assets articles
  2. Daily news alerts and updates
  3. Track what the world’s leading institutional investors are doing
  4. Learn about the latest industry research and market analysis
  5. Comprehensive archive of data and intelligence on investors and fund managers, including the PropertyEU Archive
SEE HOW IPE REAL ASSETS CAN HELP YOUR business