LONDON Deutsche Immobilien Fonds AG (DIFA), a German investment company, has acquired the 281-room, five-star Radisson SAS Hotel in Brussels for approximately $76 million.
The investment represents DIFA s first hotel investment outside of Germany, bringing its total hotel portfolio to 15 hotels. DIFA has built a reputation of focusing on city center business hotel in the four-star and five-star market run by international operators. (4/6/01)
SOURCE: HVS International