AVIGNON CAPITAL ACQUIRES THE HYATT PLACE AMSTERDAM AIRPORT

London-based European property investor Avignon Capital has purchased the Hyatt Place Amsterdam Airport for €53.8 million (€163,000 per room) from developer Hillgate Investments. The purposed-built, 330-room hotel is in Amsterdam’s Hoofddorp business district, a five-minute drive from Amsterdam Schiphol Airport. The transaction marks Avignon’s third deal in the Netherlands.

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