Danish property group Euro Ejendomme has received the green light for the launch of a new hotel investment fund for institutional investors targeting a size of EUR 500 mln. The Luxembourg-registered vehicle will invest in two to four star business hotels and will have initial capital of EUR 200 mln to be provided by Euro Ejendomme. The fund's strategy is to provide a stable cash flow through the acquisition of hotels leased for at least 15 years. The company has retained DTZ Corporate Finance to market the fund.
Danish property group Euro Ejendomme has received the green light for the launch of a new hotel investment fund for institutional investors targeting a size of EUR 500 mln. The Luxembourg-registered vehicle will invest in two to four star business hotels and will have initial capital of EUR 200 mln to be provided by Euro Ejendomme. The fund's strategy is to provide a stable cash flow through the acquisition of hotels leased for at least 15 years. The company has retained DTZ Corporate Finance to market the fund.
