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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 ...

TriGranit Management wins RLI Hospitality Award

TriGranit Management Corporation’s Long Island Resort, Seychelles project was awarded the highly commended RLI Hospitality Award 2014 at the Retail and Leisure International (RLI) Award Gala 2014 in ...

Kennedy Wilson acquires the Portmarnock hotel and Liffey Trust Building in Dublin for approximately €44.6 mln (IE)

Kennedy Wilson Europe Real Estate plc  announced that it has entered into agreements to acquire two further properties in Dublin, the Portmarnock Hotel & Golf Links and the Liffey Trust Building. ...

Union Investment supports international expansion of Motel One: 490-room hotel opens in Belgium (BE)

Successful low-budget designer hotel chain Motel One today celebrated the opening of its first Belgian site in Brussels. The 490-room Motel One Brussels is situated in the city center on Rue Royale, c ...

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