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Jones Lang LaSalle Hotels reports US $24.3 billion in global hotel sales in 2010

Jones Lang LaSalle Hotels has announced that US $24.3 billion (approx. €17.8 billion) in hotel real estate traded hands globally in 2010 as investors made their way back into the game following the g ...

Lime Property Fund completes four investment transactions totaling £114 mln. (UK)

In the last two weeks of December Aviva Investors' Lime Property Fund completed four investment transactions totaling £114 million (approx. €137 million).It invested £24 million in a forward fundin ...

Invesco Real Estate's first hotel fund now fully invested following Hanover purchase (DE)

Invesco Real Estate (IRE), the international cross-border property investment manager, is pleased to announce that its first hotel fund is now fully invested following the purchase of its 17th hotel, ...

Le Richemond sale finalized (CH)

Rocco Forte and Family Ltd has announced the sale of Le Richemond Hotel in Geneva to an investment-holding company represented by Cedar Capital Partners.The Rocco Forte Collection will continue to ope ...

Hotel investment market: Expectation of stronger income growth drives improved sentiment (EMEA)

Confidence in the EMEA hotel investment market continues to build with investors anticipating trading fundamentals to stabilize or improve over the next six months according to the latest Hotel Invest ...

Zorlu Center draws great interest at MAPIC (FR/TR)

Zorlu Center, connecting two continents, creating a new city by bringing 5 different functions including residence, performance arts center, shopping center, hotel and offices; met the international i ...

DTZ: European commercial property hotting up, driven by office markets (EUR)

European property markets now offer more attractive returns to investors, with the latest all-property DTZ Fair Value Index™ (FVI) Q3 2010 score for Europe standing at 55, an increase from 49 in Q2. ...

Warimpex and Starwood Capital Group announce groundbreaking for first budget hotel in Wroclaw (PL)

Real estate investors Warimpex and Starwood Capital Group today launched construction of the first Campanile and Première Classe budget hotels in the center of the city of Wroclaw, Poland. Eiffage Bu ...

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