Investor Aevis Victoria has bought eight Swiss hotels, including the InterContinental in Davos. The portfolio will form the core of a CHF500m investment via subsidiary, Swiss Hotel Properties.
The hotels, totalling 640 rooms, were bought from Credit Suisse Real Estate Fund Hospitality, along with associated trademarks and operating companies. Aevis Victoria also owns the four strong Victoria-Jungfrau hotel collection.
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