Invesco European Hotel Real Estate Fund has acquired the Novotel in the World Forum in The Hague from Dutch developer TCN. No financial details were disclosed. The 216-room hotel has a total surface area of 10,000 m[sup]2[/sup] and is leased on a long-term basis to Accor Hotels.
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.
