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Romanian hotel complex featuring Rezidor-operated rooms finds new buyers

The Project Nemo hotel complex, which features 697 Rezidor Hotel Group AB-operated guest rooms in Bucharest, Romania, traded for an undisclosed sum.

The complex offers about 86,000 square meters of gross leasable area and includes the Radisson Blu and Park Inn hotels, as well as roughly 7,500 square meters of retail space.

The buyers were Revetas Capital Advisors LLP and Cerberus Capital Management LP.