Skanska, Griffin and Starwood to acquire Hotel Atrium
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GT Netherlands IV (Griffin), included in Oaktree, Skanska Central Europe Holding, included in Skanska and Starwood EAME License and Services Company applied to the European Commission to take control of Hotel Atrium, propertynews.pl reported,
The three companies have established a joint venture in order to acquire Hotel Atrium, which is the owner of The Westin Warsaw hotel.
The European Commission will make a decision regarding the matter on December 7.
Skanska SA was the main contractor of the hotel. The value of the investment reached nearly €80 million.