Twenty14 Holdings Enters Agreement With Necron AG for IntercityHotel Zurich Airport in Rümlang, Switzerland

Twenty14 Holdings | January 28, 2019

ZURICH—Jan. 28, 2019—Twenty14 Holdings (T14H), the hospitality investment arm of Abu Dhabi-based LuLu Group International, has entered into a forward purchase contract with Swiss real estate developer Necron AG for the upcoming IntercityHotel Zurich Airport in Rümlang, Switzerland. "We are excited to mark our entry into mainland Europe with our first property in Zurich. It is an important milestone in our group's portfolio as we work towards becoming a billion-dollar investment firm by 2020." The addition of the IntercityHotel marks Twenty14 Holdings' entry into mainland Europe and joins a portfolio of $750m worth of lu...