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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 ...

Invesco Real Estate launches second pan-European hotel fund (EU)

Invesco Real Estate (IRE), the international property investment manager, is pleased to announce the launch of a second pan-European hotel fund (hotel fund II) with an exclusivity agreement to purchas ...

KCAP/Arup/Fakton win competition for NEO in Brussels (BE)

KCAP Architects&Planners together with the advisors Arup and Fakton have won the competition for NEO, the re-urbanization of a strategic pole in the north of the city of Brussels. The team's desig ...

Savills advises DekaBank on 100% loan recovery (DE/US)

Savills has advised DekaBank Deutsche Girozentrale on the sale of its senior mezzanine loan on the W Hotel at Union Square in New York. The hotel was acquired by Host Hotels & Resorts, LP. The tra ...

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