INVESCO BUYS THE HOLIDAY INN DÜSSELDORF CITY – TOULOUSER ALLEE

Invesco Real Estate has purchased the new-build four-star Holiday Inn Düsseldorf City – Toulouser Allee in western Germany for an undisclosed sum from Cologne-based project developer Pandion, which planned and developed the 209-room hotel. The hotel, which opened in December 2016 in Düsseldorf’s La Quartier Central district, is operated by Arcadia Hotelbetriebs GmbH under InterContinental Hotels Group’s Holiday Inn brand. Invesco acquired the property for one of its German separate account mandates.

Back