JLL says 2015 to be a record year for foreign investment into hotels
hotels jll report thumb

According to JLL (NYSE: JLL), 2015 is on track to be a record year for foreign investment into hotels, as the company announces that global hotel transactions reached $42 bln (approx. €38.5 bln) ...

Union Investment acquires Radisson Blu hotel in Wroclaw from UBM (PL)
Radisson Blu Wroclaw thumb

The Radisson Blu hotel in Wroclaw, developed by UBM Development AG and completed in 2002, has a new owner. Union Investment has secured the established five-star hotel in the centre of Wroclaw for ...

Princesshay Partnership submits plan for €99.6 mln Exeter’s bus station redevelopment (UK)
princeship shopping centre

The Princesshay Partnership, comprising The Crown Estate and TH Real Estate, has submitted an outline planning application to Exeter City Council for a circa £70 million (approx. €99.6 mln) ...

Galliard Homes makes €155 mln deal to create 5-star hotel at Great Scotland Yard (UK)

London developer Galliard Homes has made an £110 mln (approx. €155 mln) agreement with Abu Dhabi based retail, hospitality, and property conglomerate Lulu Group International to create a bespoke 92 ...

Union Investment acquires conference hotel andel's Berlin from UBM and Warimpex (DE)

Union Investment Real Estate GmbH has acquired the four-star andel's Berlin, thereby adding to its hotel portfolio in the German capital. The vendor is a property company belonging to Warimpex Finanz- ...

Fair Value REIT-AG acquires four properties from subsidiaries for direct ownership (DE)

The Fair Value REIT-AG has acquired four of the group’s properties into direct ownership. As a result of the acquisition Fair Value has increased its weighted proportionate interest in the propertie ...

Sequana Tower signs Accorhotels to 12-year lease (FR)

Hines, the international real estate firm, announces a long-term lease at Sequana Tower in Issy-les-Moulineaux near Paris. AccorHotels, Europe's largest hotel operator, has signed a 12-year lease, beg ...

IMMOFINANZ sells residential properties and hotel in Vienna for €100 mln (AT)

IMMOFINANZ has continued its portfolio adjustment with the sale of several properties in Vienna during recent weeks. For example: a package of residential properties was sold to an Austrian insurance ...