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Invesco Real Estate concludes purchase of fifth hotel in 2010 for €39 mln. (DE)

Invesco Real Estate (IRE), the international cross-border property investment manager, is pleased to announce that it has concluded the acquisition of the Novotel City Center hotel in Munich, Germany ...

Castellum sells two properties for SEK 162 mln. (SE)

In central Örebro the wholly-owned subsidiary Aspholmen Fastigheter AB has sold a property of 6,870 m² with hotel operations with an underlying property value equivalent to SEK 102 million (approx. ...

Pandox acquires Brussels Hilton (SE/BE)

Brussels Hilton is one of the largest and best-known hotels in Brussels. The acquisition totals €29 million, which includes the hotel building and the operations. The seller is a US investment compan ...

Pandox acquires Norgani Hotels AS (SE/NO)

Swedish-based hotel property company Pandox AB has reached an agreement, with financial support from its owners, to acquire Norgani Hotels AS, Norway. Pan ...

Four operators sign up for new Central Saint Giles restaurant quarter (UK)

Legal & General Property and Mitsubishi Estate Company have exchanged contracts with the first four restaurant operators at the partnership's Renzo Piano-designed, mixed-use development Central Sa ...

JLL: Kiev hotel market analysis (UA)

Jones Lang LaSalle Hotels has published a report on the current state and outlook of the Kiev hotel market.Just a few years ago, thanks to Ukraine's positive political and economic developments and du ...

Dubai's first five-star hotel acquires Green Globe status (UAE)

The Radisson Blu, Dubai Deira Creek, has been awarded the internationally renowned Green Globe Certification (GGC), following a recent AED 1.25 million (approx. €260,000) investment in sustainability ...

LaSalle Investment Management completes real estate transactions worth US $345 million (JP/SG/AU)

LaSalle Investment Management, a leading global real estate investment manager, today announced it closed three transactions in Asia-Pacific worth a combined US$345 million (approx. €263 million) ear ...

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