Private equity real estate firm Deutsche Finance International and developer Cells Group have acquired the 32,000-square-metre (344,445-square-foot) Sheraton Berlin Grand Hotel Esplanade from Archer Hotel Capital and Event Hotels for €116 million.
DFI and Cells Snap Up 394-Key Sheraton Hotel in Berlin for €116 Million
Private Equity Firm's Pan-European Value-Add Fund is Majority Shareholder in the Deal
By Sharon Smyth
CoStar News
March 9, 2022 | 2:36 P.M.
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