Generali Real Estate acquires Novotel Tower Bridge London from Ares Real Estate and EQ Group for 155 million GBP

Source Summary

Generali Real Estate, part of Generali Investments, completed the acquisition of Novotel Tower Bridge London, a 4 star hotel with 203 rooms in 10 Pepys Street, the City. Ares Real Estate and EQ Group sold the asset with the advisory support of JLL (press release) The buyer carried on the transaction through Generali Real Estate Umbrella Fund – Hospitality Europe Fund, [...]