Published at: 2017-05-22 21:10 | Author: CIJEurope
Krakow‘s business friendly policies are having a knock-on effect far beyond the Shared Service Center hubs it‘s become famous for
Invesco Real Estate acquired the 232-room Sheraton Grand Hotel Kraków for €70m on behalf of one of its UK pension fund separate account clients. The seller was Algonquin, which bought the hotel in 2013 for €38m in what amounts to its first such transactions with Invesco. CMS advised Invesco during the transaction process, while the seller was advised by DZP. The property is located on Powiśle street, close to the Wawel citadel, and was recently branded a Sheraton Grand hotel.

Marc Socker, Man...

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