Invesco Real Estate (IRE), the international cross-border property investment manager, announced on Tuesday that it has concluded the acquisition of the Novotel City Centre hotel in Munich, Germany. The investment volume in an off-market deal came to EUR 39 mln, with financing provided by Bayern LB.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
