Union Investment acquires 4-star Meliá hotel in Düsseldorf (DE)

Union Investment has acquired another hotel from Spanish operator Meliá Hotels International in the shape of the Meliá in Düsseldorf. A remaining lease term of 16 years makes the 201-room hotel an ...

MOSAIC HOUSE in Prague undergoes a facelift and celebrates the opening of La Loca Music Bar & lounge (CZ)

The design hotel and hostel MOSAIC HOUSE was founded in 2010 and was the first “green” hotel and hostel in the Czech Republic. It has now undergone a major renovation as well as a “facelift”. ...

Crosslane and BBFD enter joint venture to tackle student bed shortage in France (FR)

Student accommodation developer Crosslane and French property developer BBFD, advised by international real estate advisor Savills, have formed a joint venture to construct student housing schemes in ...

Topland reveals acquisition of Menzies Hotels as part of its strategy to build £1 bln Hotel Business (UK)

Topland has acquired the parent company of Menzies Hotels from administration for close to £85 million (approx. €102.5 million) as part of an ambitious drive to build a £1bn (approx. €1.21 bill ...

PPHE Hotel Group arranges refinancing of hotels in London and the Netherlands (UK/NL)

PPHE Hotel Group announced that certain of its wholly-owned subsidiaries have entered into a facility agreement with Aareal Bank AG (Aareal) to refinance three of the group’s four owned London hotel ...

Europa Capital acquires office and hotel complex in Düsseldorf (DE)

Europa Capital has acquired a complex of two properties from Munich-based KanAm Group, the ‘Cubus’ office building and the INNSIDE by Melia Hotel in Düsseldorf, Germany. The properties were bu ...

Four binding offers for Astir Palace Vouliagmenis S.A. submitted by Greek and international investors (GR)

HRADF announces that four investment entities have submitted binding offers for the acquisition of a majority participation in the share capital of Astir Palace Vouliagmeni S.A. The investment grou ...

The Carlyle Group sells Millennium Bridge House to Shiva Hotels for £87.6 million (UK)

Global alternative asset manager, The Carlyle Group announced today it has completed the sale of Millennium Bridge House to Shiva Hotels Ltd, the UK hospitality group, for £87.6 million (approx. €1 ...