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Union Investment sells Marriott Hotel Hamburg to UK & European Investments Limited for €65 mln (DE)
Marriott hotel

More than 10 years after it was acquired by Union Investment, the Marriott Hotel, located close to Hamburg's prestigious Jungfernstieg boulevard, has changed owners. Union Investment has sold the ...

Union Investment leases Pullman Berlin Schweizerhof to ValueState Hotels (DE)
berlin schweizerhof thumb

Union Investment Real Estate GmbH has signed a new 20-year lease with an option to extend for its five-star Pullman Berlin Schweizerhof hotel on Budapester Straße, which has been part of the ...

Christie + Co sells 146 pubs to Red Oak Taverns (UK)
pubs

Christie + Co has announced the sale of 146 tenanted pubs to Red Oak Taverns on behalf of the liquidators handling the GRS group of companies. The acquisition brings Red Oak’s total ...

High-end hotel franchising to increase by 50% over five years, says CBRE (EU)
cbre logo thumb

Well over 50% of all new four star, full service hotel deals taking place over the next five years will be under franchise rather than traditional management agreements with branded operators. This ...

European hotel investment on course for €20 bln in 2015 says CBRE (EU)
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European hotel investment is set to burst through the €20 bln mark for the first time in the history of the asset class, according to the latest research from global property advisor ...

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) ...

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