Art-Invest Real Estate, a real estate investment company, completed the acquisition of GHOTEL, a hotel chain for business customers in the 3 to 4-star segment, from AURELIUS Equity Opportunities, an asset management group with offices in five European countries, for $74m. “The GHOTEL Group was one of our first portfolio companies. After many years of belonging to AURELIUS, we are pleased to have found an ideal buyer for GHOTEL, Art-Invest Real Estate. Our team put the company on a successful growth course, which the buyer can now develop further with its expertise in the real estate and hotel sector and its financial strength. I wish to thank the GHOTEL team most sincerely for their outstanding work over the past few years and wish them all the best in their continued expansion," Dirk Markus, AURELIUS Equity Opportunities CEO.