Global private investment firm Starwood Capital Group announced on Friday that it has acquired a portfolio of 10 Radisson Blu hotels from UK privately-held hotel group Edwardian via an off-market transaction. Although financial details were kept confidential, media reports put the deal value at £800 mln (€930 mln).
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
