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Direct investment in hotels grows by 18% in 2016 to €996m in Spain (ES)
spain madrid

Direct investment. Direct investment in the hotel sector in Spain grew by 18% up to July 2016, reaching €996m. This compares with 840 million for the same period the previous year, according to ...

Knight Frank to sell four Ibis Styles hotels (UK)
hotel

Knight Frank, the global property advisor, has been appointed by New World Leisure to sell four Ibis Styles hotels.  The properties are located in Birmingham, Barnsley, Crewe and ...

Union Investment acquires Super 8 hotel (DE)
hotel

Union Investment has further expanded its hotel portfolio in Munich by acquiring a Super 8 hotel immediately after completion. The property offers 197 rooms, 68 parking spaces, a total area of around ...

Secure Income REIT acquires 55 Travelodge Hotels for €224m (GB)
hotel

The board of directors of Secure Income REIT Plc, has raised €160m (£140m) in a very heavily over-subscribed Share Placing to support its €224m (£196.2m) acquisition of 55 ...

AXA IM acquires retail and hotel development in Leipzig (DE)
city

AXA Investment Managers - Real Assets (“AXA IM - Real Assets”), the leading real estate portfolio and asset manager in Europe, announces that it has completed acquisition, on behalf of ...

New operator for the management of Hotel De La Ville (IT)
hotel

The Hospitality team of Cushman & Wakefield Italy has acted as exclusive advisor for Reale Immobili assisting in the search and selection of a new operator for the management of Hotel De La Ville ...

Castellum starts two new constructions in Stockholm (SE)
construction site

Castellum AB (publ) has, through the Stockholm region in Castellum, started two new constructions in Smista area in Huddinge, Stockholm, where the total investment is calculated to €23m ...

Hyatt announces sale of Hyatt Regency Birmingham for €44.9m (GB)
hotel

Hyatt Hotels Corporation announced that a Hyatt affiliate has sold Hyatt Regency Birmingham for approximately €44.9m to an affiliate of Bin Otaiba Investment Group. The purchaser will ...

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