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Accor snaps up $200m portfolio from Abu Dhabi Investment Authority
French hotel giant Accor has snapped up a $200 million portfolio of 15 Ibis Hotels from the Abu Dhabi Investment Authority as part of a restructure of the sovereign wealth fund's 31-hotel Australian portfolio. The 1595-room east coast hotel portfolio has been acquired by Accor's property investment arm, HotelInvest, from…
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Click here to read the full story: Australian Financial Review