Principal Real Estate has acquired a stake in a Rome hotel complex in partnership with GWM Group’s Italian Real Estate Special Situations (IRESS) II fund.
The investment in Rome Cavour Hotel was made on behalf of a separate account mandate.
The complex is situated in the centre of the city, close to tourist attractions including the Forum and the Colosseum.
The site consists of six adjoining buildings, encompassing approximately 10,650sqm of space.
“We are delighted to have acquired…
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