ASX Announcement – Hotels, Tourism and Leisure Funds Management Initiative
Elanor Investors Group (“ENN” or “Group”) is pleased to announce the successful acquisition of two Australian hotels by the Elanor Metro and Prime Regional Hotel Fund (“EMPR”).
EMPR was established in October 2017 to acquire strongly-yielding hotels with significant and high quality expansion or alternate use potential. EMPR was established with an initial portfolio of 3 Australian hotels, and following this acquisition, now holds a diversified portfolio of 11 hotels with 888 rooms, valued at over $191 million.
To read the full announcement, click here.