PropertyEU

Union Investment buys Movenpick-Hotel from Vivico

By A staff reporter 2008-10-02T00:00:00

CA Immo's Vienna-based subsidiary Vivico Real Estate said it has sold the Movenpick hotel in Frankfurt to German investor Union Investment Real Estate for EUR 63 mln, including costs. Union Investment will add the property to the portfolio of its open-ended ImmoInvest: Europa fund for institutional investors. Atisreal advised Vivico ...

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