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Scandic acquires 72 Rica Hotels in Norway and Sweden (NO/SE)

Scandic has entered into an agreement to acquire Rica Hotels. With the addition of 72 Rica hotels to its existing portfolio, Scandic further strengthens its position as the leading hotel chain in the ...

Jermyn Street nominated preferred investor for the sale of Astir Palace Vouliagmeni S.A (GR)

The Board of Directors nominated Jermyn Street Real Estate Fund IV LP, as preferred investor for the sale of Astir Palace Vouliagmeni SA. For the financial closing of the transaction, the approval ...

SEB Asset Management acquires Hotel Alpha One in Yokohama (DE/JP)

SEB Asset Management has announced a second transaction in Japan, only two weeks after purchasing the Primegate office and commercial building in Tokyo. The company has acquired the 14-storey Hotel Al ...

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 ...

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