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Pictet Alternative Advisors acquires Zurich Marriott Hotel for its direct real estate investment fund

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Elevation II, the direct real estate investment fund managed by Pictet Alternative Advisors, has acquired the Zurich Marriott Hotel together with Vertell Asset Management as its operational partner.   The hotel, with 266 rooms, is in a prime location directly on the riverbank, just a few minutes' walk from the…

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