• Vienna deal

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.

Read the full story here:

http://www.simmoag.at/en/press/press-releases/press-releases/artikel/s-immo-ag-verkauft-hotel-zwei-1088.html

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