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LondonMetric sells Odeon multiplex cinema in Taunton for £9.1m (UK)
|© danspracklen

LondonMetric Property has exchanged on the sale of its freehold Odeon Multiplex Cinema in Taunton for £9.1m, to Asda Pension Fund reflecting a net initial yield of 5.5%. The property will form ...

Union Investment acquires 4-star Meliá in Aachen (DE)
|

Following the acquisition of the Meliá Berlin, Union Investment has secured another high-yield hotel property by Spanish hotel brand Meliá for one of its institutional funds.   The ...

Two new Pullman and Ibis Styles Hotels open at Paris-Charles De Gaulle Airport (FR)
|Abaca Corporate & Nicolas Fleuré

Foncière des Régions and Crédit Agricole Assurances, together with AccorHotels, have opened two new 3 and 4-star hotels in the heart of the Roissy air transport hub.   In ...

Accorhotels acquires luxury home rental company onefinestay
luxury home

AccorHotels has acquired onefinestay, a high-end hospitality pioneer specializing in luxury serviced home rental in key worldwide gateways, for €148m and has made a further commitment of ...

Anbang Insurance Group withdraws $14bn Starwood Hotels bid
sheraton

China’s Anbang Insurance Group Co has announced they have abandoned their $14bn bid to acquire Starwoods Hotels & Resorts Worldwide Inc, clearing the way for Marriott International Inc to ...

Patrizia acquires two hotel properties in Freiburg (DE)
hampton by hilton render thumb

Patrizia Immobilien AG has purchased a real estate development project for two hotels with a total of 380 rooms. The two hotels are expected to open in March 2017 and will operate under the Hampton ...

40% of visitors choose a shopping centre based on dining options
food court image thumb

A new study published by ECE has shown that 40% of visitors base their choice of shopping centre primarily on the available dining options and not on the variety of other stores. 60% of those ...

Starwood and Marriott merger falls through after Chinese firm's offer
marriott hotel image thumb

Marriott International, Inc. has been informed by Starwood Hotels and Resorts Worldwide, and Starwood has announced publicly, that the Starwood Board of Directors has determined that it considers an ...

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