Brief: Aevis Victoria Subsidiary Increases Its Hotel Properties Portfolio

Aevis Victoria SA

27/11/2019 06:08

Nov 27 (Reuters) - AEVIS VICTORIA SA  AEVS.S :
    * SUBSIDIARY SWISS HOTEL PROPERTIES INCREASES ITS HOTEL
PROPERTIES
PORTFOLIO TO NEARLY CHF 500 MILLION
    * ACQUIRES SEVERAL HOTEL PROPERTIES FROM CREDIT SUISSE REAL
ESTATE
FUND HOSPITALITY (CS REF HOSPITALITY)
    * PURCHASE PRICE WAS SET AT A SLIGHT DISCOUNT FROM MARKET
VALUE AS
AT 31 DECEMBER 2018
    * AS PART OF TRANSACTION, AEVIS VICTORIA ALSO BUYS OPERATING
COMPANY WERIWALD AG, WHICH MANAGES INTERCONTINENTAL HOTEL IN
DAVOS

Source text for Eikon:  ID:nEQ7DhPRsa 
Further company coverage:  AEVS.S 

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