Global private investment firm Starwood Capital Group (Starwood Capital) has acquired the Renaissance Manchester hotel from Urban & Civic through a controlled affiliate, in joint venture with Property Alliance Group.
Global private investment firm Starwood Capital Group (Starwood Capital) has acquired the Renaissance Manchester hotel from Urban & Civic through a controlled affiliate, in joint venture with Property Alliance Group.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.