Brookfield Asset Management has agreed a deal to acquire Generator Hostels' European operations from Queensgate Investments.

Brookfield Asset Management is expanding its hospitality platform with the acquisition of the European business of Generator Hostels for €776m ... to further scale and enhance the business, drawing on ...

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Queensgate Investments has sold the European operations of Generator Group to Brookfield for €776m. The transaction follows a significant brand transformation, expanding Generator’s footprint and ...

Brookfield Asset Management is buying the group’s 15 European hostels, which have 2,749 rooms.