Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

News »
    Print Print 

Commerz Real buys Brisbane Mercure and Ibis Hotels for €52m from CDL

Commerz Real has made its first investments for the new CR Institutional Hotel Fund. The German fund manager has acquired the 194-room Brisbane Mercure Hotel and 218-room Brisbane Ibis Hotel for a combined A$77 million (c.€52 million) from Singapore CDL Hospitality Trusts. The sale price represent[…]