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| Hypo Real Estate Bank International completes financing facility Hypo Real Estate Bank International AG, a member of Hypo Real Estate Group, announces that it has provided a financing facility for the acquisition by Invesco's European Hotel Real Estate Fund of the Patio Hotel, Aberdeen, Scotland, to be rebranded Hilton Doubletree Aberdeen for a total investment of €44 million. The Hotel is a city centre property with 168 rooms, meeting space, three restaurants and two bars, and a large spa and fitness centre. The transaction completed on 6 June 2008. write your comments about the article :: © 2008 Construction News :: home page |