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Accor sells Novotel NY under a €160 mln. sale & management-back agreement (FR/US)

As part of its asset management strategy, Accor announces the sale of the Novotel Times Square in New York under a sale and management-back agreement, for a total value of €160 million (€335,000 per ...

Global hoteliers looking for share in Turkish market (TR)

Hoteliers and sector advisors meeting in Istanbul agree that Turkey is on the eve of attracting more and more international brands. The global interest is not limited to Istanbul, but Anatolian cities ...

Malmaison to lease new Dundee hotel (UK)

Malmaison, the lifestyle hotel company owned by MWB, announces that it is to open its first new hotel since concluding a refinancing agreement last year and the appointment of Gary Davis as the hotel ...

Pullman Paris Rive Gauche sold for €77 million

Accor has announced the sale of the Pullman Paris Rive Gauche (617 rooms) to Bouygues Immobilier for €77 million, in line with its asset-right strategy.The hotel, whose operating performance and tech ...

Malmaison appoints CEO (UK)

MWB Group Holdings Plc, the hotels to serviced offices group, has announced the appointment of a new Chief Executive for its Malmaison and Hotel du Vin lifestyle boutique hotels business with immediat ...

Turkey Real Estate 2012 Yearbook to be launched in May 2012

Working closely with local Turkish partners and property experts, Real Estate Publishers (REP) has commenced production on the fourth annual edition of its highly acclaimed Turkey Real Estate referenc ...

IMMOFINANZ Group signs long-term lease with Leonardo Hotels in Vienna (AT)

IMMOFINANZ Group has signed a lease agreement with the internationally renowned hotel chain Leonardo Hotels for its hotel on Matrosengasse in Vienna's 6th municipal district. Renovations are to start ...

The Peel Group submits plans for new phases at MediaCityUK (UK)

The Peel Group has unveiled ambitious plans over the next 20 years for further phases of MediaCityUK at Salford Quays. Peel is seeking outline approval from Salford City Council for an additional 459, ...

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