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Orion and Corinthia form joint venture to buy Corinthia Hotel Lisbon
Orion and Corinthia form joint venture to buy Corinthia Hotel Lisbon

Orion and Corinthia form joint venture to buy Corinthia Hotel Lisbon

Orion Capital Managers through its Orion European Real Estate Fund VI, has signed the fund's first investment by entering into a framework agreement with International Hotel Investments  owner of the Corinthia Hotels Group portfolio and brand, to acquire and own 72 per cent of the five-star 517 key Corinthia Hotel Lisbon. IHI, which currently owns

Corinthia owner sells majority stake in luxury Lisbon hotel

Corinthia owner sells majority stake in luxury Lisbon hotel

International Hotels Investments has agreed to sell a majority stake in its five-star Lisbon Corinthia Hotel to private investment firm Orion Capital. Orion Capital Managers will assume a 72 per cent stake in a joint venture it is forming with IHI, which owns the Corinthia Hotel brand. IHI said the deal establishes a valuation for the hotel “above