Hotel Brands
PPHE to launch €250m European hospitality real estate fund
The group has reached an agreement with Clal Insurance to participate as a cornerstone investor in the fund, having committed to investing up to €75m (£66m)
PPHE will be launching a new European hospitality real estate fund of up to €250 (£220.4m), which will enable strategic acquisitions of hotels focusing primarily on value-add investments across Europe.
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