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Centralis acquired two German hotels
Centralis acquired two German hotels

Centralis Immobilien GmbH (Centralis) has acquired two further existing hotels in Bonn and Dusseldorf. The properties will be comprehensively modernised and strategically repositioned.   The ...

P-Three to launch pod hotel in London (GB)
P-Three to launch pod hotel in London (GB)

LyLo, part of EVT, has kickstarted the global expansion of its innovative pod hotel concept and has chosen London as the potential location of its first European property.     Appointed as ...

Covivio acquired a 429-room hotel in the Canary Islands for €81 million (ES)
Covivio acquired a 429-room hotel in the Canary Islands for €81 million (ES)

Covivio, through its 52.5%-owned subsidiary Covivio Hotels, acquired from a controlled affiliate of Starwood Capital a 429-room, 4-star hotel in the Canary Islands. This transaction, signed for ...

Corinthia Grand Hotel du Boulevard to open in early 2025
Corinthia Grand Hotel du Boulevard to open in early 2025

The five-star Corinthia Grand Hotel du Boulevard, located in the historic Grand Hotel du Boulevard building on Elisabeta Boulevard in Bucharest, is set to open in March 2025. The first hotel under ...

Union invested €4m to modernize former Ramada Hotel in Innsbruck (AT)
Union invested €4m to modernize former Ramada Hotel in Innsbruck (AT)

Union Investment has invested around €4m in the modernisation of a hotel in Innsbruck. The building, which was completed in 2011, was operated as a Ramada Hotel until July 2021 before being ...

Invesco acquired 327-bed hotel in Gdansk (PL)
Invesco acquired a 327-bed hotel in Gdansk (PL)

Invesco Real Estate has acquired a 327-bed hotel in the Polish city of Gdansk on behalf of a long-standing German separate account mandate. The acquisition is the first time the client has ...

Penske Racing Shocks to open at Bicester Motion (GB)
Penske Racing Shocks to open at Bicester Motion (GB)

Penske Racing Shocks is to open a dedicated UK service and support facility within the iconic Bicester Motion, the 179.7-ha future mobility estate in Oxfordshire, UK in the heart of Britain’s ...

Knight Frank sold Holiday Inn Express Folkestone for €10.1m (GB)
Knight Frank sold Holiday Inn Express Folkestone for €10.1m (GB)

Knight Frank has completed the sale of Holiday Inn Express Channel Tunnel Folkestone on behalf of Stellar Asset Management to London & Regional (L&R) off a guide price of c. ...

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