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Three institutional investors sign agreement on €133-million European hotel portfolio (EU)

AXA Real Estate Investment Managers announces that, on behalf of a joint venture partnership between an investment vehicle of an AXA Group insurance company, Caisse des Dépôts and Sogecap (the 'JV') ...

MWB announces sale and leaseback of four Malmaison hotels (UK)

MWB is pleased to announce that its 82.5% owned subsidiary, MWB Malmaison Holdings Ltd, has exchanged contracts for the sales and leaseback of the following four Malmaison hotel properties: Charterhou ...

Echo acquires hotels in Kraków and Szczecin (PL)

On July 15, 2011 Echo Investment took over the buildings of the former Cracovia hotel in Kraków and the former Neptun hotel in Szczecin. The former Cracov ...

JLL: Rapid recovery in investment volumes in EMEA hotel market

Hotel investment volumes in EMEA during the first six months of 2011 have reached €3.37 billion, a significant 73% increase on the same period last year (€1.94 billion), according to Jones Lang LaSa ...

Demján Group develops new cultural center in the Russian metropolis (RU)

After completing the Palace of Arts in Budapest, Demján Group has started on the development of the multifunctional cultural center in St. Petersburg. The complex of more than 80,000 m² includes a 1 ...

St. Modwen secures planning permission for £70 million Longbridge town center (UK)

St. Modwen Properties Plc (LSE: SMP), the UK's leading regeneration specialist, and its partner Advantage West Midlands have secured detailed planning permission from Birmingham City Council to develo ...

IVG and the Vincent Hotel Group sign long-term agreement for Amsterdam Sloterdijk office conversion (NL)

IVG and the Vincent Hotel Group have announced that the 8,200-m² office building owned by IVG will be converted into a 252-room Holiday Inn Express Hotel. IVG and the Vincent Hotel Group signed a lon ...

Raffles arrives in Istanbul with Zorlu Center (TR)

Zorlu Center has selected Raffles Hotels & Resorts, the award-winning luxury hotel company, as the hotel to be located within the project as it is prepares to host the most famous brands in the wo ...

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