Danish real estate investment company Herkules Grundbesitz has acquired a Novotel hotel and conference center in Krefeld, Western Germany. The transaction price comes to EUR 21 mln. The property is leased to Accor with a long-term lease through 2026. The hotel features 155 rooms as well as 13 conference areas with capacities of up to 300 persons, German newspaper Immobilien Zeitung reported.

Danish real estate investment company Herkules Grundbesitz has acquired a Novotel hotel and conference center in Krefeld, Western Germany. The transaction price comes to EUR 21 mln. The property is leased to Accor with a long-term lease through 2026. The hotel features 155 rooms as well as 13 conference areas with capacities of up to 300 persons, German newspaper Immobilien Zeitung reported.