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AXA Real Estate acquires the IBIS London City Hotel for £38 million on behalf of CIS (UK)

AXA Real Estate Investment Managers announces that it has completed the acquisition of the IBIS London City Hotel for £38.35 million (approx. €43.7 million), on behalf of the Co-operative Insurance ...

First international hotel in Novokuznetsk (RU)

Developer InrusInvest, and Cushman & Wakefield, project consultants, have released information regarding a new hotel development for the city of Novokuznetsk.The 150-room hotel will be situated in ...

CA IMMO commences construction of InterCity Hotel near the main station in Berlin (DE)

On October 12, 2011, CA Immo started construction work on a hotel on the Europacity site, adjacent to Berlin's main rail station. The upper-mid-range hotel ...

Morgans Hotel Group to sell its London hotels (US/UK)

Morgans Hotel Group Co., the operator and 50% owner of the London joint venture that owns Sanderson and St Martins Lane, has announced that the joint venture partners have entered into a definitive ag ...

Henderson Global Investors & Berwick Hill Properties to develop hotel in Woking (UK)

Henderson Global Investors, together with developer Berwick Hill Properties, has secured planning consent for a new 108-bed Travelodge hotel in Woking town center. ...

Metrotel sells £10-million Hammersmith hotel and pub (UK)

Metrotel has sold the landmark 119-bedroom Premier Inn Hammersmith Hotel and Ravenscourt Arms Public House to a private investor. Locate ...

Event Hotel Group acquires the 280-room Radisson Blu Tallinn (DE/EE)

An affiliate of EVENT Hotel Group has purchased the 280-room Radisson Blu and adjacent office building in Tallinn, Estonia. The city center high-rise Radisson Blu will continue to operate under the Ra ...

Cordea Savills UK Income and Growth Fund acquires two new assets (UK)

Cordea Savills, the international property fund manager, has raised further equity and completed the purchase of two assets worth a total of nearly £10 million (approx. €11.6 million) on behalf of i ...

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