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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 ...

Novotel Edinburgh Park acquired out of administration (UK)

Benson Elliot Capital Management and Algonquin SA announce that they have completed the joint acquisition of the Novotel Edinburgh Park, Edinburgh. The hotel will be acquired from administrators KPMG. ...

JLL: Optimistic forecast for EMEA hotels investment market in 2010 (EMEA)

The first half of 2010 has demonstrated that the EMEA hotel investment market is starting to pick up, with growth expected to accelerate even more in the second half of 2010 according to Jones Lang La ...

Pinsent Masons advises Redefine International plc on

Pinsent Masons has advised Redefine International plc on its

Pinsent Masons advises Redefine International plc on £106 mln. hotel acquisition (UK)

Pinsent Masons has advised Redefine International plc on its £106 mln. (approx. €126 mln.) conditional acquisition of five Holiday Inn hotels from the Splendid Hotels Group.Redefine International pl ...

Morgans Hotel Group joint venture refinances London debt in full (UK)

Morgans Hotel Group Co, the operator and 50% owner with an affiliate of Walton Street Capital of the Sanderson and St Martins Lane, has announced that it has successfully refinanced in full the mortga ...

IPD: Global capital flows of US $200 billion will be invested over next five years

Global institutional real estate capital flows of more than US $200 billion (€158.8 bln.). could be invested in mature worldwide markets over the next five years, IPD delegates were told.Speaking at ...

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