Joint owners Warimpex and developer UBM have concluded the sale of Warsaw's flagship InterContinental hotel to Germany’s DekaBank for over EUR 100 mln, the companies said on Friday. The transaction, first announced at end-October, is the largest hotel deal ever in Poland.
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.
