ADIA Buys Hotels in North Carolina Research Triangle
Posted on 05/23/2015
Abu Dhabi Investment Authority (ADIA) has acquired two hotels in North Carolina. [private_standard]Raleigh-based Concord Hospitality Enterprises and Kane Realty Corporation sold the two hotels for a total of around US$ 103 million. ADIA paid US$ 79.91 million for Marriott-branded Renaissance Raleigh Hotel at North Hills, a 229 room hotel. ADIA also paid US$ 22.945 million […]
