PropertyEU

Invesco in EUR 1 bn hotel spending spree

By A staff reporter 2006-10-27T00:00:00

British asset manager Invesco Real Estate announced it has reached agreement with Generali France on the establishment of a separate investment account to invest EUR 300 mln of the French insurance company's equity in hotel real estate across Europe. As part of the deal Invesco will take over the asset ...

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