PropertyEU

KanAm acquires Zurich hotel for EUR 22 mln

By A staff reporter 2009-04-06T00:00:00

German investor KanAm has acquired the newly built Holiday Inn hotel in Zurich for EUR 22 mln. The hotel, which opened its doors in mid March, was acquired on behalf of KanAm Spezial grundinvest Fonds. The deal represents the first hotel acquisition for the German open-ended fund. The property was ...

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