Israeli investor shops in Germany

Israeli investor Igal Ahouvi has purchased a portfolio of six conference hotels across Germany from the telecommunication company Deutsche Telekom. The portfolio includes hotel sites in Bad Honnef and Neuss, eastern Germany, Konigs Wusterhausen in Brandenburg, Hamburg, Leipzig and Ismaning in Bavaria. The properties provide some 80,000 m[sup]2[/sup] of hotel surface. The financial details of this transaction were not disclosed.

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