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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 ...

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 ...

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