• Union backs Motel One

Investor Union Investment has added the new Motel One in Brussels to one of its open-ended investment funds. Union now has a total of 37 hotels invested across 23 operators, worth more than EUR2bn, including five other German Motel One properties.[img]/sites/all/modules/contrib/wysiwyg/plugins/break/images/spacer.gif[/img][img]/sites/all/modules/contrib/wysiwyg/plugins/break/images/spacer.gif[/img]
As well as backing Motel One in Belgium, Union has also committed to invest in the budget operator’s upcoming Amsterdam hotel, due to open in mid 2015. The Brussels property has 490 rooms and is close to the city’s Royal Palace.

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