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Real Estate Rumors: Union Investment, JHG, City Block

By Andrew McIntyre (January 3, 2017, 8:39 PM EST) -- Union Investment Real Estate GmbH has picked up a hotel in Manhattan from Hidrock Properties for $206 million, The Real Deal reported on Tuesday. The deal is for the 317-room Courtyard New York Downtown Manhattan/World Trade Center, which opened its doors in November, according to the report. Hidrock still owns the retail portion of the hotel, The Real Deal said....

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