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pbb provides €112m loan for "KARL" office development in Munich (DE)
pbb provides €112m loan for

pbb Deutsche Pfandbriefbank has provided a €112m loan to finance construction and long-term maintenance of "KARL", a new commercial real estate development designed by renowned ...

Dominvs Group granted planning consent for Old Marylebone Road Hotel (GB)
Dominvs Group granted planning consent for Old Marylebone Road Hotel (GB)

Dominvs Group, the London-based real estate investment, development and asset management company, has been granted planning consent from the City of Westminster for a 29,525 ft² (2,743 ...

Orbis Hotel Group sells Sofitel Budapest Chain Bridge Hotel for €75m (HU)
Sofitel Budapest Chain Bridge Hotel sold for €75m (HU)

Starwood Capital Group has entered, through a controlled affiliate, into the sale and management back transaction to acquire the Sofitel Budapest Chain Bridge Hotel from Orbis ...

London’s West End outperforms national average over Black Friday weekend (GB)
London’s West End bounces back on Black Friday to outperform the national average (GB)

The West End of London, which encompasses world famous shopping streets like Bond Street, Oxford Street and Regent Street, had a welcome boost over the Black Friday weekend with a 1% increase in ...

Castellum JV wins Stockholm city-development project (SE)
Castellum JV wins Stockholm city-development project (SE)

Castellum, Wallenstam AB and Åke Sundvall AB have been designated winners for their proposal to develop an entirely new city district and meeting place in Söderstaden. The proposal ...

Foncière des Régions acquires four NH Hotel properties
Foncière des Régions acquires four hotels in Germany and the Netherlands

Taking a new step forward in the partnership with NH Hotel Group, Foncière des Régions has signed an agreement for the acquisition of four 4* hotels located in Germany and ...

UKCPT acquires Newcastle Maldron Hotel development for €35.7m (GB)
UKCPT acquires Newcastle Maldron Hotel development for €35.7m (GB)

UK Commercial Property Trust Limited (UKCPT), which is advised by Standard Life Investments and owns a diversified portfolio of high quality income-producing UK commercial ...

Benson Elliot JV generates €550m from seven hotel portfolio disposals
Benson Elliot JV generates €550m from seven hotel portfolio disposals

A joint venture between UK-based Benson Elliot and US-based Walton Street Capital, in partnership with Algonquin SA (the “JV”), has sold the Westin Europa & Regina hotel in Venice and ...

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