SIGNA completed the acquisition of Hotel Bauer in Venice from Elliott.

SIGNA, an operator of an investment firm, completed the acquisition of Hotel Bauer in Venice, a 210-room hotel based in Italy, from Elliott, an investment firm. Financial terms were not disclosed. “With the acquisition of the historic Hotel Bauer Palazzo in an absolutely prime location in Venice, we have added another unique property to SIGNA Prime’s portfolio and are further expanding our market position as a leading European real estate company," Christoph Stadlhuber, SIGNA CEO.