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Development Securities announces achievement of milestones at its £110 million mixed-use scheme (UK)

Development Securities PLC, in partnership with Cathedral Group plc, announces that it has completed the acquisition of the 2.2-acre site in Greenwich town center for £16 million (approx. €20 millio ...

Savills instructed to sell Cork International Airport Hotel (IE)

International real estate advisor Savills has been instructed by receiver Grant Thornton to sell the 145-room Cork International Airport Hotel. The four-star hotel, located at Cork International Airpo ...

CBRE Hotels EMEA to sell significant four-star hotel in the Thames Valley (UK)

CBRE Hotels EMEA has been appointed as the exclusive agent to sell the Crowne Plaza Marlow, Buckinghamshire. This freehold, four-star hotel offers 168 bedrooms and is situated close to the renowned an ...

JLL: Prague hotel market shows positive signs of recovery in 2012 (CZ)

The Prague hotel market has seen strong performance growth in 2010 and 2011 and results for the first four months of 2012 are promising with hotels posting an impressive 17.8% growth in Revenue-Per-Av ...

IPD: Increasing interest in institutional hotel investment leads to enhancement of IPD Pan-European Hotel Performance report (EU)

The growing desire for diversification amongst property investors has led to a large upsurge in interest in the European hotel sector. The increase in investment has boosted the IPD sample by over €3 ...

Baltyk Tower, Poznań: first MVRDV project in Poland (NL/PL)

Investment corporation Sophia Sp. z.o.o and MVRDV present the Baltyk Tower, to be realized in the Polish city of Poznan. The 25,000 m² office tower will be located at Rondo Kaponiera at the Eastern e ...

Raiffeisen evolution holds topping-out ceremony in Moscow (RU)

At the end of 2010, Raiffeisen evolution started construction on a hotel and office building on Leninskiy Prospekt 119 in the Russian capital. Recently the topping-out ceremony was held in Moscow."We ...

Accor accelerates its expansion in Russia with launch of Mercure brand (RU)

Mercure, Accor's brand of midscale hotels with individual styles and personalities, celebrated the opening of its first hotel in Russia, the Mercure Arbat Moscow. The hotel, which is owned by ARD, is ...

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