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W. P. Carey announces €76 mln hotel Munich acquisition (DE)

W. P. Carey Inc. announced that CPA®:18 – Global has entered into an agreement to fund the completion of a new upscale lifestyle hotel in Munich, Germany. CPA®:18 – Global will provide approx. â ...

CBRE appointed to sell Formby Hall Golf Resort & Spa (UK)

Formby Hall Golf Resort & Spa, a luxury resort on England’s Golf Coast, has been brought to market for sale by CBRE on behalf of the hotel’s private owner. Formby Hall is situated ...

Elbit Imaging Ltd. sells Radisson Blu & Park Inn Hotels in Antwerp for €48 mln to KKR (BE)

Elbit Imaging Ltd. have exchanged contracts to sell the Radisson Blu and the Park Inn Hotels in Antwerp, Belgium, to KKR for €48 mln. JLL acted as the exclusive advisor to Elbit Imaging Ltd. ...

Bouwinvest invests in 186-room hotel in Provast Amsterdam Tower Development (NL)

Bouwinvest has acquired a 186-room hotel over the six lower floors of the 100-metre high Amstel Tower, being developed by local firm Provast, in the business district adjacent to Amsterdam’s Amstel ...

Dominvs Group opens new Holiday Inn Express at Aberdeen Airport (UK)

Dominvs Hospitality, part of the Dominvs Group, opened the doors to its new Holiday Inn Express hotel at Aberdeen Airport. The 193-bedroom contemporary hotel has 251 car parking spaces and is l ...

European hotel investment outperforms other commercial property asset classes in Q1 2015 (EU)

European hotel investment volumes have reached €3.74 bln in the first quarter of 2015, more than double Q1 2014 volumes of €1.73 bln, according to the latest data from global real estate advisor ...

Deka Immobilien invests in US with €240 mln acquisition of Marriot Hotel in New York City(US)

Deka Immobilien GmbH has acquired the Marriott East Side Hotel in New York City under a joint venture with Ashkenazy Acquisitions Corporation (AAC) for around USD270 mln (€241 mln). The seller of th ...

Union Hanover Securities gets consent for landmark urban Villa Hotel (SCO)

Union Hanover Securities has been given Minded to Grant planning permission for a £35 mln (approx. €47 mln) Urban Villa boutique hotel by the Union Canal Basin in Edinburgh. The 180-room ...

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