Invesco RE seals first deal for new hotel fund

By A staff reporter 2011-03-16T00:00:00

Global real estate investment manager Invesco Real Estate (IRE) has concluded the first acquisition for its second pan-European hotel fund with the sale and leaseback of a portfolio of five hotels in Munich, Hamburg, Frankfurt, Vienna and Salzburg. The total acquisition price amounts to EUR 170 mln. The portfolio is ...

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