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Brookfield agrees €776 million Generator Hostels UK and Europe acquisition

Generator has 15 hostels in 10 countries
A Generator Hostel at Tavistock Place in London. (CoStar)
A Generator Hostel at Tavistock Place in London. (CoStar)

Brookfield Asset Management, through its opportunistic real estate strategy, has reached an agreement to buy the European arm of Generator Hostels for €776 million (£654 million).

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