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Clal invests in European Hospitality Real Estate Fund launched by PPHE Hotel Group

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Clal invests in European Hospitality Real Estate Fund launched by PPHE Hotel Group

19 March 2023

Congratulations to our client, Clal Insurance & Finance, on joining forces with PPHE Hotel Group in connection with a new hotel fund.
The Fund is scheduled to acquire hotels in city centers in Western Europe in opportunistic transactions and aims to raise a total of NIS 1 billion to implement its strategy.

Thanks to our partner Itay Lavi, associates Moshe Minster and Roi Stauber, and intern Ruth Moatti for the hard work on this transaction!

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