Invesco Real Estate is planning new investments on the European hotel sector this year. The American investor intends to introduce a new investment mechanism to the EU real estate sector, company reps revealed. No further detail were disclosed.
“Institutional investors remain interested in the European hotel sector, as it continues to be highly profit-oriented,” Invesco wrote in a statement. The company’s acquisition activity in the EU hotel sector grew in the first half of 2014 to €500m. Its deals included a 23-percent stake in the Generator hostel platform, co-managed by WL Ross & Co. Invesco also acquired a four-star Mercure hotel.
