Hotel group Amtel has set up a joint venture with City Developments Ltd (CDL), a major international hotel developer, to introduce a new hotel brand to Russia, named Copthorne, under CDL’s Millenium & Copthorne Hotels brand. Amtel Group already has diverse businesses within the Commonwealth of Independent States.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
