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 AMSTERDAM, NETHERLANDS-AXA Real Estate Investment Managers has acquired the NH Grand Hotel Krasnapolsky, in central of Amsterdam, from NH Hoteles SA for $204 million (€157M) on behalf of a European and an Asian client. 

The hotel is in a prime location in Amsterdam. It comprises 468 rooms and suites, nearly 25,000 square feet (2,300 sqm) of conference, banqueting and meeting rooms across a total floor area of around 430,000 square feet (40,000 sqm), as well as the historic and unique Winter Garden.

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