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LaSalle acquires two Munich hotels (DE)
LaSalle acquires two Munich hotels (DE)

LaSalle Investment Management has advised its pan-European fund Encore+ on the acquisition of two hotel properties in Munich from Commerz Real. The site is located in the economically vibrant north ...

Accor opens 3,000th hotel in Europe
Accor brings The Mondrian brand to Europe

Accor has just passed a symbolic milestone with the opening of its 3,000th property in Europe. With a total of 340,000 rooms across 39 countries, Accor is the leading hotel operator in this ...

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, ...

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