Austrian real estate company CA Immo International is planning to set up a new hotel fund called H1 Hotelfonds together with Austrian insurer UNIQA. The two companies will act as equal lead investors in the new fund, which will have a total volume of EUR 700 mln and a life of seven years. The fund will target investment opportunities in Central and Eastern Europe, Southeast Europe and the Commonwealth of Independent States, CA Immo said.
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