Norwegian fund acquires Movenpick hotel in Zurich

By A staff reporter 2010-04-15T00:00:00

Swiss investment manager Helvetica Property Investors has acquired the four-star Movenpick hotel in Zurich's Regensdorf area on behalf of the Norwegian real estate fund, Swiss Real Estate Danmark. The seller is the Swiss real estate company Clair. The transaction is 'in excess' of NOK 150 mln (EUR 20 mln), the ...

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