Northern Irish investment company WG Mitchell has sold the Point Hotel in the centre of Edinburgh for more than £20 mln (EUR 26 mln). The three-star 139-bedroom hotel in Bread Street was acquired by Jersey-based private company EBH. The deal also includes the neighbouring bar, The Chanter.
CDC Investissement Immobilier, the real estate asset management subsidiary of French financial institution Caisse des Dépôts, has inked a strategic partnership with Covivio in Germany.
