New Scandinavian fund launched
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New Scandinavian fund launched
Partners L+R Hotels, and Midstar AB, have jointly launched a new hotel investment platform, to target opportunities across the Nordics. Named LR Midstar Holdings, the new venture has started life with an initial equity backing of EUR600 million. The funds will be spent acquiring hotels across Sweden, Denmark, Norway and Finland that could benefit from enhancement or an upgrade and rebranding. Building a Nordic hotel portfolio In addition to the …
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