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Balfour Beatty awarded £30 million citizenM London hotel scheme (UK)

Balfour Beatty, the international infrastructure group, today announces the award of the £30 million (approx. €34.9 million) London hotel scheme for the citizenM hotel group. The nine storey hot ...

Carlton Group closes Westin Valencia Hotel sale in Spain (US/ES)

Carlton Group has successfully sold 100% of Hotel Alameda Valencia, SLU (Westin Valencia, Spain) on behalf of one of Spain’s biggest financial institutions, Bankia Group. This was a very challenging ...

DoubleTree by Hilton makes Polish debut with latest opening in Lodz (PL)

Hilton Worldwide is opening Poland’s first DoubleTree by Hilton, part of Hilton Worldwide’s upscale brand which features more than 350 hotels globally. Opening at the site of the Lodz Film Stud ...

Hermes Real Estate announces off market acquisition in Whitechapel (UK)

Hermes Real Estate Investment Management Limited (HREIML) announced the completion of the acquisition of Cityside House and Challenger House in Whitechapel. Cityside House is a 54,000 ft² (approx. ...

Gecina sells its four Club Med holiday villages as part of its realignment strategy (FR)

Gecina has sold four holiday villages operated under the Club Méditerranée brand (Val d’Isère, La Plagne, Peisey Vallandry and Opio sites) to Assurances du Crédit Mutuel. The sales price came ...

Warimpex sells Palace Hotel in Prague (CZ)

Warimpex Finanz- und Beteiligungs AG announces the successful sale of the five-star Palace Hotel in Prague to a Czech investor. The transaction closed yesterday, and the parties agreed that the purch ...

NH Hoteles sells landmark NH Grand Hotel Krasnapolsky in Amsterdam for €157 million (NL)

AXA Real Estate announces that it has acquired the NH Grand Hotel Krasnapolsky, in the center of Amsterdam, from NH Hoteles SA for €157 million on behalf of a European and an Asian client. The as ...

C&W appointed sole agent to sell the Lotus Therme Hotel & Spa in Hévíz Hungary (HU)

Cushman & Wakefield Global Hospitality has been exclusively appointed by CIB Group to sell the only full service five star resort hotel in Hévíz, Hungary. The hotel is located in western Hungary ...

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