LaSalle IM launches €500m European hotel fund


Source: Chris Winter

LaSalle Investment Management has launched a €500m (£422m) pan-European urban hotel strategy via a strategic partnership with NUMA Group.

The partnership will seek to acquire, refurbish and operate vacant or soon-to-be-vacant urban hotels, serviced and extended stay apartments, boutique hotels, as well as conversion projects from non-institutional or unbranded owners and owner-operators in Western European cities.

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