CB Richard Ellis Investors has bought 10 hotels in Germany from US investment company Lone Star for its hotel investment fund Dynamique Hotels. Financial details were not disclosed. The deal, which was concluded at end-2007 but not announced until last Friday, was part of a share swap and included the hotels' management companies as well as the hotels themselves.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
