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Interserve and Tiger form joint venture for Edinburgh's Haymarket development (UK)

Interserve, the international support services and construction group, has today, through a joint venture company, exchanged contracts to develop the Haymarket area of Edinburgh into a mixed-use site ...

Invesco Real Estate closes second hotel fund with €200 mln of equity (EU)

Invesco Real Estate (IRE), the global real estate investment manager, announces the final closing of its second hotel fund with ca. €200 million of equity. Simon Redman, Managing Director – Clien ...

IHG announces sale of InterContinental London Park Lane for £301.5 mln (UK)

InterContinental Hotels Group PLC today announces it has agreed to sell InterContinental London Park Lane to Constellation Hotel (Opco) UK S.A., which is an affiliate of Constellation Hotels Holding L ...

Multi, Bouwinvest and Accor Hotels sign agreement for four-star Novotel in Forum Rotterdam (NL)

Multi has signed an agreement with Bouwinvest, on behalf of Bouwinvest Dutch Institutional Hotel Fund NV, for the sale of Accor Hotels’ four-star Novotel. Accor Hotels and Bouwinvest also signed the ...

Global hotel investment overview & outlook | Savills

According to Savills  global hotel investment overview, 2013 could be a significantly stronger year for international hotel investment with the UK and US markets leading the way. The firm predicts in ...

Hypo Alpe-Adria-Bank to sell Grand Hotel Lav Ltd. and Grand Marina Lav Ltd in Split, Croatia (HR)

Hypo Alpe-Adria-Bank International AG is the sole shareholder in Grand Hotel Lav Ltd. and Grand Marina Lav Ltd. and have appointed Jones Lang LaSalle Hotels & Hospitality Group as sole exclusive a ...

LaSalle Investment Management to develop 84-bedroom hotel leased to Premier Inn (UK)

LaSalle Investment Management has announced that Premier Inn, the UK’s largest budget hotel chain, has signed a 25-year lease on a new 84-bedroom hotel, with two retail units on the ground floor, in ...

KSL Capital Partners acquires Malmaison and Hotel Du Vin (US/UK)

Malmaison Group (Malmaison), the owner of leading UK boutique hotel brands Malmaison and Hotel du Vin, and KSL Capital Partners, LLC (KSL), are pleased to announce that an affiliate of KSL has acquire ...

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