Central European Estates BV (CEE) (TASE:CNERO.B1), controlled by Yuli Ofer, is in negotiations to buy a third hotel in Budapest. The four-star Ramada Hotel, opened in 2005, has 182 rooms, including 15 suites.
Last month, CEE bought the Le Meridien hotel in Budapest from a company owned by Yuli Ofer and Nimrod Rinot.
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