Gruppo Statuto buys Crowne Plaza for EUR 123 mln

By A staff reporter 2007-01-16T00:00:00

Italian real estate investor Gruppo Statuto has acquired a 33.3% minority interest in Crowne Plaza Hotel in the financial district of London from a consortium of investors including InterContinental Hotels Group, the world's largest hotel company by room count, and two Middle Eastern investors through Jones Lang LaSalle Hotels. The ...

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