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Union Investment expands hotel portfolio in Amsterdam (NL)

Union Investment has secured a further hotel property with a high level of value stability by acquiring the Radisson Blu Amsterdam. Opened in 1990, the 4-star hotel with 252 rooms and suites enjoys a ...

AXA Real Estate completes the sale of 11 hotel properties for €180 million (EU)

AXA Real Estate Investment Managers (“AXA Real Estate”) announces that, on behalf of its clients, it has completed the sale of a portfolio of 11 hotels to Accor for a consideration of CHF 219 mill ...

RBS brings £90mln Silverbird portfolio to market (UK)

RBS Real Estate Asset Management (“RBS”) is bringing a portfolio of 26 UK regional commercial property assets to the market seeking offers over £87.65 million (approx. €110 million), representi ...

C&W selling former Szot Hotel in Budapest (HU)

Cushman & Wakefield (C&W) the world’s largest privately held commercial real estate services firm, has been appointed to sell the circa 23,000 m² Rose Hill site in Budapest’s wealthiest a ...

Scandic expands in Berlin (DE)

Scandic is increasing its presence in Germany by taking over the Alsterhof Hotel in Berlin. The hotel has 217 rooms, which have just undergone an extensive refurbishment costing €8 million, and is s ...

Foncière des Régions acquires the NH Amsterdam Centre hotel for €47.9 mln (NL)

Foncière des Régions, through its specialist Hotel & Service-sector subsidiary Foncière des Murs, acquires an “NH Hotels” hotel from the NH Hotel Group in Amsterdam. This ideally-situated f ...

Aareal Bank provides £300 million refinancing to Metropole Hotel Holdings (UK)

Aareal Bank provided a £300 million (approx. €373.25 million) loan to Metropole Hotel Holdings for the refinancing of two Hilton Metropole Hotels based in London and Birmingham. Aareal Bank acted a ...

INTERNOS acquires Maritim Hotel Dresden and Mercure City Hotel Berlin for €75 mln (DE)

INTERNOS Global Investors, the pan European, owner-managed real estate fund manager with €4.1 billion of assets under management, announces the closing of the Maritim Hotel Dresden and the Mercure C ...

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