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Accorhotels acquires luxury home rental company onefinestay
luxury home

AccorHotels has acquired onefinestay, a high-end hospitality pioneer specializing in luxury serviced home rental in key worldwide gateways, for €148m and has made a further commitment of ...

Ireland sees 55 commercial property investment transactions totalling over €735m in Q1 (IE)
dublin

CBRE Ireland have released statistics on the volume and value of commercial investment sales in the Irish market in the first three months of 2016, showing that a total of 55 properties (with a value ...

European business climate indices are holding up
europe

According to data from BNP Paribas Real Estate, Europe’s economy is holding up fairly well in the face of a slowdown in emerging markets. Cheap money, credit and oil are providing it with ...

BNP Paribas Real Estate unveils 80,000m² CityLights office complex (FR)
citylights

BNP Paribas Real Estate have unveiled CityLights, an office building in Boulogne-Billancourt. CityLights houses a total of 80,000m² of offices within a fully-refurbished and extended complex ...

Hyde Park’s new river project to transform London’s West End (UK)
westbourne river project render thumb

The new Westbourne River Project is a proposed system of new canals and water features, running from Bayswater, through to Belgravia to Pimlico. The 6-mile project is funded by Middle Eastern ...

Anbang Insurance Group withdraws $14bn Starwood Hotels bid
sheraton

China’s Anbang Insurance Group Co has announced they have abandoned their $14bn bid to acquire Starwoods Hotels & Resorts Worldwide Inc, clearing the way for Marriott International Inc to ...

Kungsleden divests three properties in Köping and Norrtälje (SE)
stockholm

Kungsleden AB has divested the Midgård 12 property in Köping as well as the Handelsmannen 1 and Storsten 2 properties in Norrtälje. The total sales price amounts to SEK97m ...

Political unrest and oil concerns drive Middle Eastern real estate investors to UK
investment

Increased geopolitical unrest and low oil prices are having an effect on the UK, driving private Middle Eastern investors towards property assets, according to JLL.   “The trend first ...

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