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Patrizia acquires Arcotel Rubin in Hamburg

Patrizia Immobilien AG has acquired the renowned Arcotel Rubin in Hamburg. The four-star hotel, built in 2007, was bought for a special real estate fund. “We were convinced by the competitiveness, positive guest ratings and high occupation rates of the group,” says Douglas Waibel, Senior Investment Manager at Patrizia. After…

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