Invesco Real Estate Sells Seven Hotel Properties in Europe
November 21, 2016
London, Frankfurt - Paul Hastings LLP, a leading global law firm, announced today that it has advised Invesco Real Estate on the conclusion of a sale and purchase agreement with Swedish hotel owner Pandox AB (publ) to sell seven hotel properties in Europe – four in Germany, two in Austria and one in the Netherlands – with a total of 1,744 rooms. The hotels are of very high quality, positioned in the upper full-service segment and operated by well-known hotel operators under long-term revenue-based lease agreements with good rental guarantee levels.
The Paul Hastings team consisted of London partners
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