Tikehau Capital and Cresco Real Estate completed the acquisition of Tierpark Hotel.

Tikehau Capital, a private equity and venture capital firm, and Cresco Real Estate, an integrated real estate company, completed the acquisition of Tierpark Hotel, a 4‑star hotel property that offers 278 rooms and 14 event spaces. Financial terms were not disclosed. "The acquisition of the Tierpark Hotel is an important milestone for our real estate portfolio in Germany and fits perfectly into our value-add strategy. We thank our partner Cresco for their trustworthy collaboration, which has been instrumental in helping us develop the property to increase its value and further strengthen our position as an investor in the hotel segment," Steffen Meinshausen, Tikehau Capital Head of Real Estate Germany.