PropertyEU

Revetas, Cerberus pick up €170m Bucharest hotel complex

By Virna Asara 2018-01-09T00:00:00

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UK-based investment manager Revetas Capital Advisors has confirmed that it has joined forces with Cerberus Capital Management to acquire Project Nemo, a hotel complex with 86,000 m2 of gross leasable area in a prime location in Bucharest, Romania, as revealed by EuroProperty, part of the PropertyEU group.

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