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Arab Investments buys Quartier Am Auswartigen Amt in Berlin for German Fund (DE)

Arab Investment Ltd has purchased the "Quartier am Auswärtigen Amt" in Berlin-Mitte from developer Strabag Real Estate GmbH for approximately €57 million for its second German fund. The newly constr ...

Hotel Investment Market EMEA: Transaction volume to increase in 2010

According to Jones Lang LaSalle Hotels the hotel investment volume in Europe, Middle East and Africa (EMEA) fell to €2.9 billion in 2009, reflecting the lowest volume of transactions since the late 1 ...

Balkimo weclomes new partner and opens new office at the Rogner Hotel in Tirana (AL)

Balkimo has today welcomed Ian Hurrell as a new partner of the firm. Ian has previously been involved in two real estate start up companies and partnered a further real estate business in London. Two ...

AFI Development announces a number of recent developments (RU)

AFI Development PLC, a leading real estate company focused on developing property in Russia and the CIS, announced a number of recent developments in its business plan for 2010 that reflects its objec ...

HKHotels leverages social media and achieves a top five ranking (US)

When you are a small, independently owned hotel company with just four properties and no advertising budget, how do you best reach your customer? If you are Henry Kallan, owner of privately held HKHot ...

CPI Hotels extends hotel network under the Fortuna Hotels brand (CZ)

Since the beginning of 2010, two new hotels have extended one of the brands of the Czech CPI Hotels company. The former three stars Quality Hotel Prague and Comfort Hotel Prague were rebranded and bec ...

Legal & General Property acquires portfolio of 11 freehold properties for £119.5 million (UK)

Legal & General Property ("LGP") has acquired a portfolio of 11 freehold properties located in Covent Garden from ING Covent Garden Limited Partnership. The transaction was completed at a total c ...

Nikko Hotel and Convention Center, D

Benson Elliot Capital Management, the leading private equity real estate firm, has completed a

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