Horwath HTL Appointed Advisers and Asset Managers to New European Hotel Real Estate Fund
as advisors and asset managers for a brand new hotel fund, Keystone Hospitality fund, by its fund manager, LRI Luxembourg (AIFM).
will be looking to invest in the region of 750 million Euros over the next two to three years.
Additionally, Crowe Horwath International through their local Swiss office will bemandated with Tax Advise and Accounting Services at the respective property locations throughout Europe upon acquisition.
Heinz Wehrle, Managing Partner of Horwath HTL, Switzerland and global leader ofHorwath HTL Asset Management services is on the board and has been advising the fund throughout the set-up phase said, "This represents a tremendous opportunity for Horwath HTL Asset Management teams across Europe to use their expertise and maximize the value of these real estate assets for the fund and its investors. The combination of the specific hotel experience we have together with the accounting and financial expertise of our parent company Crowe Horwath International represents a compelling proposition for investors. "
Global Business Director
About Horwath HTL
Horwath HTL is the world"s largest hospitality consulting brand with 45 offices across the world providing expert local knowledge. Since 1915 we have been providing impartial, specialist advice to our clients and are recognized as the founders of the Uniform System of Accounts which subsequently has become the industry standard for hospitality accounting. We focus one hundred percent on hotels, tourism and leisure consulting and have successfully completed over 16,000 projects. If you have any questions, please contact James Chappell, Global Business Director at firstname.lastname@example.org