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Commerz Real acquires Madrid hotel scheme (ES)
Commerz Real acquires Madrid hotel scheme (ES)

Commerz Real has acquired a virtually empty office building with a leasable area of approx. 10,000m² at Madrid Airport. The building is to be converted into a two-star hotel under the Zleep ...

Radisson to open new hotel in Reykjavik (IS)
Radisson to open new hotel in Reykjavik (IS)

Radisson Hotel Group has revealed the design concept for the brand new Radisson RED Reykjavik. This new city hub, the first-ever Radisson RED in Iceland, is set to open its doors in 2021. The ...

Mandarin Oriental Ritz to open in Madrid (ES)
Mandarin Oriental Ritz to open in Madrid (ES)

The iconic Hotel Ritz, Madrid is set to open in Summer 2020 as Mandarin Oriental Ritz, Madrid, following the most extensive restoration in its 110-year history. The hotel, which was designed and ...

Rogue City Hotels acquires Wellington House in Glasgow (GB)
Rogue City Hotels acquires Wellington House in Glasgow (GB)

Rogue City Hotels, advised by Gerald Eve, has purchased Wellington House in Glasgow following a competitive bidding process for conversion into a new 98-bedroom luxury boutique hotel. The five-storey ...

Storebrand acquires Scandic Helsfyr (NO)
Storebrand acquires Scandic Helsfyr (NO)

Storebrand Eiendomsfond Norge KS acquires Scandic Helsfyr from Eiendomsspar. Scandic Helsfyr is being expanded and will become Scandic's largest hotel in Norway when it is completed in the fall ...

Union Investment acquires Polish hotel portfolio for €86m
Union Investment acquires Polish hotel portfolio for €86m

Union Investment has agreed to acquire two planned hotel properties in Kraków and Katowice with a total of 527 rooms. The developer, vendor and future operator of the two midscale hotels, ...

Covivio acquires €600m hotel portfolio
Covivio acquires €600m European hotel portfolio

Varde Partners has entered into a definitive agreement to sell a portfolio of eight luxury hotels operating under The Dedica Anthology brand to Covivio, a European real estate ...

IHG opens first Voco hotel in Montenegro
IHG opens first Voco hotel in Montenegro

IHG is expanding its footprint with the latest re-branding of voco® Podgorica hotel located just outside of the historic capital city of Montenegro. Surrounded by rugged ...

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