Steigenberger heritage hotel secured for the long-term future (DE)

Brierly Gardens Investments Limited, Cyprus, owner of Steigenberger Hotels AG since 2009, has acquired the real estate of Steigenberger Europäischer Hof in Baden-Baden, the very first hotel operated ...

Hotel group buys the Matrix Building in Aldgate (UK)

Asia-based hotel group Dorsett Hospitality International has bought the Matrix Building, London EC3 for £14.05 mln (approx. €17.4 mln) from Martin Ellis and Les Ross, partners in Grant Thornton UK L ...

ACRON acquired Radisson Blu Hotel and Casino St. Gallen (CH)

ACRON, the indirect real estate investment specialist, has acquired the Radisson Blu Hotel and Casino in St. Gallen, Switzerland. The closing took place on October 31, 2012. The property, the only fou ...

Four Points by Sheraton to debut in Berlin (DE)

Starwood Hotels & Resorts Worldwide, Inc. (NYSE: HOT) announced plans to introduce its rapidly expanding Four Points by Sheraton brand to Berlin in 2014. Owned by Proprietas s.r.o., Four Points® ...

ACRON acquires multifunctional commercial property in a unique location in BahnhofCity Wien West (AT)

ACRON, the indirect real estate investment specialist, has acquired the Wien Westbahnhof A3 commercial property in BahnhofCity Wien West in a bidding process conducted by ÖBB Immobilienmanagement Gmb ...

Warimpex and UBM conclude agreement on the sale of the InterContinental Warsaw to Deka (PL)

Warimpex Finanz- und Beteiligungs AG and UBM Realitätenentwicklung AG are selling the InterContinental hotel in Warsaw to WestInvest InterSelect, a retail real estate fund of Germany's DekaBank grou ...

LaSalle seals SoCo deal in Edinburgh (UK)

On the day that Jansons announced the formal start of construction of a new hotel complex at the infamous Cowgate fire site in Edinburgh, they have also announced that LaSalle will take over the devel ...

SANUS AG to raise 142 apartments in Berlin-Friedrichshain (DE)

The kick-off for the residential quarter 'Green Village' in Berlin's Friedrichshain district is scheduled for early 2013. On a former garage compound at Rigaer Strasse 18/19 that extends over 6,492 m ...