German-based European real estate fund FREO Group (formerly known as "FREO Financial & Real Estate Operations GmbH") has taken a bold strategic step by acquiring a 25% stake in the highly-rated hospitality asset advisor and manager Michels & Taylor.
Buying in M&T's expertise will likely give FREO a substantial advantage over its competitors, enabling it to identify more opportunities, analyse them and move more quickly.
Michels & Taylor, one of Europe’s leading hotel management and advisory companies, has today announced the completion of a strategic partnership agreement with FREO Group, the European real estate investment and asset management business.
http://www.freogroup.com/2019/news-from-freo/michels-taylor-freo-group-sign-strategic-partnership-deal/
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