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Fair Value REIT-AG sells properties with a total value of around €18 million (DE)

As part of its portfolio refocusing efforts, Fair Value REIT-AG has sold two further properties which were no longer part of its core portfolio. The sale proceeds generated totaled €18.1 million. A ...

ACRON has acquired the property of Hotel Glória in Rio de Janeiro (CH/BR)

ACRON has acquired the real estate of Hotel Glória in Rio de Janeiro. The seller is REX, the real estate holding of Eike Batista. ACRON acquires Hotel Glória in Rio de Janeiro, a hotel with a lon ...

The Clarion Hotel Dublin Airport sold to the DDA (IE)

Receiver Kieran Wallace of KPMG, appointed on behalf of the National Asset Management Agency (NAMA) and advised by Savills, has sold the Clarion Hotel Dublin Airport. The Dublin Airport Authority (DAA ...

INTERNOS exchanges contracts to acquire the Maritim Hotel, Dresden for €49 million (DE)

INTERNOS Global Investors (INTERNOS), the pan-European, owner-managed real estate fund manager with €4.1 billion of AUM announces the exchange of contracts for the acquisition of the Maritim Hotel D ...

Starwood Capital Group acquires Four Pillars Hotels (UK)

A fund affiliated with Starwood Capital Group has acquired UK hotel owner and operator Four Pillars Hotels. The transaction includes a portfolio of five owned and leased hotels and one managed hote ...

Construction starts on The Heart of Europe project on The World in Dubai (AE)

Kleindienst Group, a leading UAE-based real estate agent and developer with over 30 years’ experience in the international property market, has confirmed that contractors have been mobilized on its ...

Quinn sells Sofia Hilton and Krakow Sheraton for €62 million (BG/PL)

The CEE Investment Team at Jones Lang La Salle Hotels & Hospitality Group has acted as the exclusive sales agents and advisors to Quinn Insurance and its administrators at Grant Thornton Dublin in ...

Union Hanover and Southern Grove get consent for flagship Urban Villa Hotel in London (UK)

Planning permission has been granted, for a joint venture between developers Union Hanover Securities and Southern Grove, to transform a 75,000 ft² (approx. 6,967 m²)office building into a stylish 2 ...

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