The Courtyard by Marriott hotel in Vienna has been sold for EUR35m. Austrian listed developer S Immo has traded the 244 room hotel to German fund Deka Immobilien.
The four star property was built in 2008 and is running under a franchise agreement with Marriott, leased to operator Realotel W Hotelbetriebsgesellschaft. The property is part of the Viertel Zwei mixed use development in the city.
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