Invesco Real Estate has acquired the four-star, 189-room Radisson Blu Hotel, Marseille Vieux Port in France from German real estate investment manager Union Investment for €43.5 million (€230,200 per room). The property is situated by the old port in central Marseille and includes two restaurants, a bar and 12 meeting rooms. The hotel, that had been owned by Union for 20 years, underwent a complete renovation in 2024 and is operated under a long-term lease by Radisson Hotel Group. Invesco acquired the hotel on behalf of its European Hotel strategy, bringing the portfolio to 11 hotels.
