Internos Global Investors, European asset manager specialized in real estate investments, has closed its Hotel Real Estate Fund II. It has reached €133 million meaning a €260 million investment capacity in hospitality.
Its strategy targets 3- to 4-star properties located in European business centers, so as to generate a return on investment through renovation works, conversion, or repositioning operations. Some hotels are already discussed in order to use the capital in 12 to 18 months.
Internos Global Investors already operates more than 600 properties across 8 countries, and owns to this day €3.5 bn in AUM, €1 bn of which invested or to be invested within hotel real estate.
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