Warimpex-Finanz und Beteiligung and UBM Development AG's sale of the four-star, 557-room conference hotel Andel's Berlin to Union Investment Real Estate has been concluded for a price of €105mn. The purchase price was €105 million. The deal is expected to close in early 2017.
Warimpex-Finanz und Beteiligung and UBM Development AG's sale of the four-star, 557-room conference hotel Andel's Berlin to Union Investment Real Estate has been concluded for a price of €105mn. The deal is expected to close in early 2017.