Hotel group Accor said on Wednesday that it has raised its stake in Polish listed hotel developer Orbis to 50.01%. In a statement, the company said that investment is part of its strategy to focus on development in Central Europe. Accor has held a 45% stake in the company since August 2007. The investment value amounts to EUR 35 mln.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
