Central European Hotel Investment Company (CEHI), an investment vehicle owned by Russian private investor Alexander Klyachin, has acquired hotel chain Austrian Hotel Company (AHC) for an undisclosed amount. The chain comprises 20 three- and four-star hotels in 17 cities in Austria, Germany and the Czech Republic. The acquisition is in line with the expansion of AZIMUT Hotels, which is similarly owned by Klyachin.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
