Other News in Brief: Strategic Hotels & Resorts Closes on InterContinental Chicago, Hyatt Regency La Jolla; Seagis …
Strategic Hotels & Resorts Inc. has announced it has closed on the previously announced joint venture agreement on the InterContinental Chicago and the Hyatt Regency La Jolla, effective August 31, 2007. Under the terms of the agreement, GIC Real Estate Pte Ltd, the real estate investment company of the Government of Singapore Investment Corporation Pte Ltd., acquired a 49 percent interest in the …
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