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Benson Elliot has acquired the Sheraton Hotel in Rome

Posted: 2 August 2017

Benson Elliot acquired the Sheraton Hotel in Rome from a joint venture between Benson Elliot and Walton Street Capital in collaboration with the British hotel investor Algonquin.

The JV had purchased the asset in October 2015 as part of a pan-European hotel portfolio consisting of eight assets located between Venice, Paris, Milan, Rome, Warsaw, Nuremberg and Brussels.

The hotel was acquired on behalf of the BEREP IV fund, Benson Elliot’s newest pan-European private equity fund, which has been subscribed for around €700 million.