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CIJ.World > Hospitality > Oman fund acquires seven European Hilton hotels

Oman fund acquires seven European Hilton hotels

15 December 2015

Oman Investment Fund is buying a portfolio of seven European Hilton hotels. Two of them are located in Germany in Dresden and Düsseldorf, while the remaining hotels are situated in Luxembourg, Barcelona, Strasbourg, Paris and Zurich. According to market sources, the purchase price is €400m. The vendor is a joint venture created by the US hedge fund Baupost and the Westmont Hospitality Group. Eastdil Secured advised Baupost during transaction process.

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