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Union Investment boosts Berlin hotel portfolio (DE)
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Union Investment has secured another high-yield hotel property in Berlin, with the acquisition of a 4-star hotel on Friedrichstrasse operated by Spanish brand Meliá.   As part of an ...

Union Investment fund acquires Vattenfall headquarters in Stockholm for €244m (SE)
vattenfall hq

Union Investment has acquired a fully let office property in the Stockholm office submarket of Arenastaden for its open-ended real estate fund Unilmmo: Deutschland. Office space comprises 97% of the ...

Kungsleden and Nobis sign lease agreement for new design hotel in Stockholm (SE)
hagastaden

Kungsleden has signed a 20 year lease agreement with Nobis to develop a new design hotel on Gävlegatan in the heart of Vasastan and Hagastaden in Stockholm. The hotel, comprising 242 hotel ...

Construction starts of new Moxy hotel at Gateway Gardens (DE)
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Vastint Hospitality and Marriott International have started construction of their largest Moxy hotel to date at Gateway Gardens, by Frankfurt International Airport. The site is at Frankfurt's newest ...

L&G secures Marston’s portolio for £35m (UK)
|© Chris Allen

Legal & General Property has completed two sale and leaseback purchases with Marston’s brewery and pub operator totaling €44.5m (£34.6m).   The deal has been transacted on ...

Luxury fine dining cinema confirmed for Islington Square (UK)
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The €549m (£400m) Islington Square development in north London has unveiled its latest tenant - a new 2,045m² (22,000ft²) six-screen luxury fine dining cinema.   The Lounge ...

2015 marks record year for European hotels sector
hotel lobby image thumb

The European Hotel market has eclipsed the €20bn threshold of investment predicted in 2015 by €2.8bn (totalling €22.8bn), an increase of 79% year-on-year. The fourth quarter saw 31% ...

Russia and CIS markets to see 7,400 new branded hotel rooms in 2016
hotel lobby

According to JLL, 2015 saw the quality hotel supply of Russia, CIS and Georgia increase by 6,000 rooms, slightly more than a half (3,300) of which was in Russia. More than 8,900 rooms were scheduled ...

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