Freshfields Bruckhaus Deringer has advised Invesco on its minority stake investment in the Generator Hostel Group.

The stake, which represents 23% of the business, is the inaugural investment for Invesco’s second opportunistic strategy, which is focussed on real estate related investments in both the US and Europe and is co-managed by Invesco Real Estate, WL Ross & Co, and Invesco fixed income.

Invesco Real Estate is a global real estate firm, which has been providing real estate investment and property asset management services since 1983, first in the US and then expanding into Europe and Asia.

The Freshfields team was led by London corporate partner Patrick Ko and real estate counsel Victoria Hills, supported by real estate partner Mark Wheelhouse.