SWISS LIFE ACQUIRES RADISSON BLU HOTEL MILAN AND NOVOTEL MILAN MALPENSA

Swiss Life AM Real Estate has acquired a portfolio of two Italian hotels from BNP Paribas REIM. The portfolio compromises the 250-room Radisson Blu Hotel Milan and the 208-room Novotel Milan Malpensa, operated under long-term lease contracts by Radisson Hospitality and AccorHotels respectively. This 458-room deal is Swiss Life AM Real Estate’s first South European hotel acquisition.

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