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Germany's Union Investment Expands Us Hotel Portfolio | News | Ipe Ra

by realassets.ipe.com posted 11months ago 54 views
The manager bought a two-format hotel asset in South Carolina from Regent/BN. : Real estate manager Union Investment has added a US hotel property with more than 300 rooms its open-ended real estate fund. The €35.3bn manager said, on behalf of UniImmo: Global, it acquired the two-format property in Charleston, South Carolina from Regent/BN Charleston Holdings for an undisclosed sum. Opened in 2015, the property comprises a Hyatt House apartment-style hotel and a Hyatt Place hotel. The two brands offer 304 rooms in total.

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