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UBM sells new hotels in Katowice and in Kraków for over €80m

UBM Development AG has sold two brand new hotel properties in Kraków and Katowice. The hotel in Kraków will operate under the Ibis Styles brand, and the hotel in Katowice under the Mercure brand. The purchaser is Union Investment Institutional Property GmbH. The total value of the transaction is over…