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De Vere acquires Aberdeen development for first Village Urban Resort in Scotland (UK)

De Vere Group has acquired a long leasehold development site on Drum Property Group’s Prime Four Business Park in Aberdeen for its first Village Urban Resort in Scotland. The deal on the 100,000- ...

Louvre Hotels Group signs a partnership agreement with ARCUS for the development of 26 co-branded hotels (FR/DE/AT)

Louvre Hotels Group has signed a strategic partnership with ARCUS Bauerrichtung GmbH, a German real estate construction group and Redserve, an Austrian consulting firm specialized in the development o ...

Topland funds office acquisition for flagship hotel conversion (UK)

A joint venture between developers Union Hanover Securities and Southern Grove has acquired a 75,000 ft² (approx. 6,970 m²) office building, Black Lion House, E1 from CIT for conversion to the flags ...

Accor expands in Moscow with the signing of three hotels (RU)

Accor, the world's leading hotel operator, announces that it has entered into a long-term Management Agreement with one of the largest Russian development companies PATERO Development to manage a hote ...

IMMOFINANZ sells Hilton Vienna Danube for €48.4 million (AT)

IMMOFINANZ Group announced the closing of the sale of the Hilton Vienna Danube for €48.4 million to a subsidiary of Internos Real Investors Kapitalanlagegesellschaft, Frankfurt am Main. This transac ...

Accor appoints Sébastien Bazin as Chairman and CEO (FR)

The Board of Directors of Accor that convened on August 27, 2013, chaired by Philippe Citerne, decided to appoint Sébastien Bazin as Chairman and CEO of Accor. To take on this new role, Sébastien ...

Starwood Hotels & Resorts continues expansion in Russia and CIS with the debut of Aloft Hotels in Kiev (UA)

Starwood Hotels & Resorts Worldwide, Inc. announced the signing of Aloft Kiev, which will mark the entrance of Aloft Hotels into Ukraine when it opens in 2015. Created to shake up the staid and tr ...

Green light for catering cluster at intu Victoria Centre (UK)

Nottingham City Council has approved intu’s planning application for a catering cluster at intu Victoria Centre, marking a significant step forward in intu’s £40 million (approx. €46.8 million) ...

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