Peakside Capital Advisors, a real estate investment manager, completed the acquisition of Hessischer Hof, a luxury hotel with an adjacent office building. Financial terms were not disclosed. “Hotel Hessischer Hof iconic in Frankfurt’s luxury hospitality market – and it will be reinstated as such. We are convinced that the established hotel location close to the Trade Fair and Festhalle, a multi-purpose arena, makes the property an exceptional investment for our PREF IV fund. We are planning to refurbish the asset and reposition it with a new operator,” Boris Schran, Peakside Managing Partner.