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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 ...

Invesco RE expands Hotel Fund Management with new appointment and €109 mln. refinancing (UK)

Invesco Real Estate (IRE), the global cross-border property investment manager, is pleased to announce the appointment of Lisa Neubüser as an Associate within its pan-European hotel fund management t ...

Survey points to brighter times in 2011 for EMEA commercial real estate trading (EMEA)

Real Estate Market Dynamics Ltd (REMD) today announced the results from the REMD Investment Survey EMEA 2011. The survey, completed by CEOs, CFOs, Fund Managers, Heads of Real Estate and other senior ...

St James's Hotel & Club sold to Pakistani billionaires (UK)

Savills and Gerard Nolan & Partners, on behalf of a UK property company, have sold St James's Hotel & Club, 7 - 8 Park Place, London SW1A 1LS for a price in the region of £55-£60 million (ap ...

Marriott International acquires and will redevelop historic Berners Hotel in London (UK)

Just weeks after the grand opening of the first EDITION hotel in Hawaii, Marriott International has announced the acquisition of the historic Berners Hotel in London that will be renovated over the ne ...

JLL: Global hotel investment levels up 60% year-on-year in Q3 2010

The global hotel investment market experienced a strong first three quarters with transaction volumes reaching US $12.0 billion (approx. €8.6 bln.), a significant 60% increase over the same p ...

Radisson Blu Hotel, Krakow, first hotel worldwide to receive BS8901 certification (PL/DE)

The Radisson Blu Hotel, Krakow, is the first hotel in Poland, first Rezidor hotel and first hotel worldwide to be certified with the BS8901 standard. The ...

JLL: Strong activity in EMEA hotel investment market (EMEA)

The EMEA hotel investment market has demonstrated strong growth in the first three quarters of 2010, reaching €3.97 billion. Investment volumes across EMEA now represent a 55% year-on-year increase a ...

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