Commerz Real sells Hotel Maritim in Cologne to Art-Invest Real Estate

Art-Invest Real Estate has bought the 4-star conference hotel Maritim Köln for its “Hotel Manage-to-Core Fund”. The owner since 1997 has been the Commerz Real closed-end real estate fund CFB 111. Both parties have agreed to maintain confidentiality on the purchase price. For the investors in CFB 111, the total…