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Real Estate Investments Grow in Hotels in Europe |
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Monday, September 11, 2017
London.- The hotel sector in Europe has reported large purchases of a dozen hotels by Invesco Real Estate.
The company acquired 13 establishments in Germany and the Netherlands, where it invested nearly 530 million euros altogether.
Of that total, 11 hotels are located in several German cities, (Berlin, Colonia, Dortmund, Düsseldorf, Frankfurt, Hamburg, Heidelberg and Munich), and two hotels are in Amsterdam, in the Netherlands.
The assets acquired by Invesco Real Estate operate under franchises of the brands IHG, like Crowne Plaza, Holiday Inn and Holiday Inn Express.
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