Investment underlines the city’s potential as a growing business and leisure hub
KKR acquires two hotels in Antwerp Investment underlines the city’s potential as a growing business and leisure hub
London, June 11th, 2015 –
KKR, a leading global investment firm, today announced the purchase of the Radisson Blu Astrid Hotel and the Park Inn Hotel in Antwerp, Belgium, in a joint venture with Algonquin, one of Europe’s leading independent hotel groups. Antwerp is a key tourist destination, with a diverse range of cultural attractions and leisure facilities. The city also has a large corporate market, with the second largest sea port in Europe, the second largest petrochemical cluster globally and the largest diamond trading hub in the world. In addition, the city is a growing destination for conferences and fairs, and is due to grow further with the planned opening of a conference centre in 2017.