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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 ...

LaSalle acquires office buildings in Blackfriars for Premier Inn hotel conversion (UK)

LaSalle Investment Management has exchanged contracts on the acquisition of numbers 1 & 2 Dorset Rise in Blackfriars, London in a £47-million (approx. €54.7-million) transaction. The acquisition ...

IVG extends financing for THE SQUAIRE as planned through the end of 2013 (DE)

IVG Immobilien AG has achieved two important steps in its efforts to realign its financial structure.In a binding agreement with the current syndicate banks, the existing financing for the project THE ...

New entity will invest in nine new Dutch hotels (NL)

Interstate Hotels & Resorts and TVHG Budget Management Group announced they will jointly invest in nine new Dutch hotels under the name Dutch Hotel Partners.Bart van de Kamp, CEO of TVHG commented ...

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