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Russia and CIS see approximately 2,000 branded hotel rooms open in H1 2016
hotel

According to JLL, in H1 2016 Russia and CIS branded hotel market grew by about 2,000 rooms, of which approximately three-quarters – almost 1,500 rooms – were opened in Russian ...

Union Investment acquires Holiday Inn Hotel City Nord in Hamburg (DE)
Holiday Inn City Nord Photo | TAS

Union Investment has secured the new Holiday Inn Hotel City Nord, which is currently still in the development phase, for its institutional real estate fund UII Hotel Nr. 1. The 4-star hotel will have ...

Tetrarch partners with Staycity on 159 unit Dublin 2 aparthotel (IE)
hotel

Tetrarch Capital has submitted a planning application to Dublin City Council for a 159 unit aparthotel development on Mark Street, off Pearse Street, in the heart of Dublin 2. The proposed aparthotel ...

Lido di Venezia Fund hotels approved for revamp
hotel lobby

The meeting of the unitholders of the Lido di Venezia Fund, managed by COIMA SGR, have approved the plan to revamp the fund's assets, and specifically the Excelsior and Des Bains hotels, for a total ...

CapMan Real Estate sells 5-star central Helsinki hotel property to Deka Immobilien (FI)
helsinki

CapMan Nordic Real Estate fund has signed an agreement to sell a hotel property on Yrjönkatu 13 in central Helsinki to a fund managed by Deka Immobilien. CapMan Real Estate is ...

Polish hospitality market continues growth
warsaw

According to Cushman & Wakefield, there is a positive outlook of stable growth for the Polish hospitality market, as the country’s hotels continue to attract both domestic and foreign ...

CBRE Global Investors and Universal-Investment acquire Stafa Tower in Vienna (AT)
stafa tower

CBRE Global Investors and Universal-Investment have acquired the Stafa Tower landmark retail and hotel building in Vienna, on behalf of Bayerische Versorgungskammer (BVK), one of Germany’s ...

JLL advises Starwood Hotels on €190m sale of St Regis and Westin in Florence to Qatar based hotel group (IT)
westin excelsior

JLL’s Hotels & Hospitality Group has advised Starwood Hotels & Resorts Group in the sale of two trophy assets in Florence for a total sale price of approximately €190m. The St. ...

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