• Invesco buys 5 NH sites

Invesco Real Estate has signed a sale and leaseback deal with NH Hoteles for five hotels, for a total of Eu168m.

The deal is Invesco’s first acquisition for its second pan-European hotel fund. The properties are in Munich, Hamburg and Frankfurt, Germany, and Vienna and Salzburg, Austria and are long-let on 25-year hybrid leases to NH Hoteles.

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