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NCC to construct €40.9m swim centre as part of Elmo Sport Park (FI)
NCC to construct €40.9m swim centre as part of Elmo Sport Park (FI)

NCC and the City of Vantaa have signed an agreement for a new swim centre in Vantaa, Finland. The swim centre is part of a larger initiative involving a new sports facility in the city, called Elmo ...

Azora acquired Praia d’El Rey Resort in Obidos (PT)
Azora acquired Praia d’El Rey Resort in Obidos (PT)

Azora has completed the acquisition from Oxy Capital / Fondo Aquarius of the leading Praia d’El Rey Resort, located in Obidos, Portugal, which comprises the 177-room 5-star hotel ...

Movinn to operate former Duxiana Hotel in Malmo (SE)
Movinn to operate former Duxiana Hotel in Malmo (SE)

Movinn has signed a long-term lease to operate the former Duxiana Hotel in Malmo, Sweden. The existing hotel will be handed over and re-open under a new brand in the second half of June 2024. In ...

SeaSpace aparthotel brand to launch its first property in Cornwall (GB)
SeaSpace aparthotel brand to launch its first property in Cornwall (GB)

New lifestyle-driven aparthotel brand SeaSpace is due to launch with its first property on the site of the former Sands Resort in Cornwall, in summer 2024.   SeaSpace: Porth will be the first in ...

Bucharest Unirii Square hotel to reopen under Accor this month (RO)
Bucharest Unirii Square hotel to reopen under Accor this month (RO)

The 4-star hotel Bucharest Unirii Square, which is owned by the Lebanese Sarieddine family, closed in 2022 due to the pandemic. However, it is set to reopen this month through an affiliation with ...

ActivumSG sold Palacio Solecio hotel in Malaga for €51m (ES)
ActivumSG sold Palacio Solecio hotel in Malaga for €51m (ES)

ActivumSG has completed the sale of the 118-room Palacio Solecio hotel in Malaga. The asset has been purchased for €51m by an undisclosed buyer.     Originally an 18th-century ...

KKR and Amante Capital acquire Park Grand London Kensington Hotel (GB)
KKR and Amante Capital buy Park Grand London Kensington Hotel (GB)

KKR, along with its European hospitality partner Amante Capital, has purchased the Park Grand London Kensington Hotel from Bartek Holdings. The hotel houses 132 bedrooms and is set to undergo a ...

Ares and EQ Group purchased portfolio of UK hotels for €468m
Ares and EQ Group purchased portfolio of UK hotels for €468m

Ares Real Estate and EQ Group, have acquired a portfolio of UK hotels from Land Securities for c. €468m. The portfolio consists of mid-scale and economy properties located in central London and ...

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