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STR Global: Half of hotel rooms in regional construction pipeline are in the luxury sector (UAE)

Due to the high percentage of upscale hotel developments in the Middle East construction pipeline, over the last five years The Hotel Show has witnessed a steady increase in the number of high-end and ...

Union Investment acquires Holiday Inn Express hotel project in Dresden (DE)

Union Investment has acquired the Holiday Inn Express hotel development in Dresden for one of its special open-ended real estate funds. The vendor is Foremost Real Estate Dresden GmbH, which is develo ...

Pandox acquires Park Inn Solna (SE)

Pandox has acquired the Park Inn Solna hotel with 247 rooms. The property is located in Solna, north of Stockholm. Parts of Solna are undergoing transformation with a series of planned construction pr ...

ECE Projektmanagement builds four-star Steigenberger Superior Hotel at BBI (DE)

Hamburg property developers ECE will be joining forces with hotel operators Steigenberger Hotels AG to erect a four-star Superior Hotel at the future Capital Airport Berlin Brandenburg International B ...

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 ...

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