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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 ...

Verny Capital to invest $300 million in the construction of Talan Towers in Astana, Kazakhstan (KZ)

Verny Capital announced that it will invest $300 million (approx. €224 million) into the construction of Kazakhstan’s first environmentally sustainable building complex, meeting LEED standards. ...

Flagship Hotel W in Barcelona to be sold to Qatari Diar (ES)

As reported by the Spanish press, Qatari Diar is close to finalizing the acquisition of Hotel W, also known as ‘Hotel Vela’ in Barcelona. The transaction is pending authorization by the Port Autho ...

Two Clarion hotels up for sale in Dublin (IE)

International real estate advisor Savills has been appointed, on behalf of the receivers KPMG, to sell the Clarion Hotel IFSC and Clarion Hotel Dublin Airport. The hotels are being offered for sale by ...

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