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Gerald Eve bags two South Coast hotel investments (UK)

Aviva Investors advised by Gerald Eve have purchased the Travelodge Hotel, West Hill Road Bournemouth for £6.86 million (approx. €8.1 mln.), which reflects a net initial yield of 6.2%.The 110 bedroo ...

Fabege sells residential hotel in Solna (SE)

Fabege has divested the Hallen 6 property in Solna. The purchaser is Chinax Group and the purchase consideration is SEK 110 million (approx. €11.3 mln.). The approximately 4,600 m² building comprise ...

GCC to spend $1.17 billion on hotel projects this year (UAE)

Regional hospitality industry continues to spend heavily on hotels during 2010 despite turbulent global economy, say organisers of The Hotel Show.According to a new study, cash expenditure in the GCC ...

REDEVCO joint venture brings first BREEAM project in China (CN)

REDEVCO and Shui On Land, are the first to register a development in China for assessment under BREEAM, the world's leading rating tool for sustainable buildings. The partnership began working with BR ...

Grand opening ceremony for angelo Katowice (PL)

Following the opening of the new angelo hotel in Katowice for the first hotel guests in early March, real estate developers Warimpex and UBM and hotel management firm Vienna International have officia ...

Striking hotel of stacked Zaandam houses is iconic eye-catcher (NL)

The new Inntel hotel in Zaandam is without a shadow of a doubt already the main eye-catching crowd stopper in the revamped town center ...

All major economies to see growth by end of 2010 (EU)

According to Cushman & Wakefield's new European Economic Pulse, while some economies ended 2009 on a weaker than hoped for note, indicators in Q1 2010 suggest that growth has restarted for the reg ...

CDS completes the new UCI Multiplex in the Forum Palermo Shopping Center (IT)

On April 15, CDS delivered the UCI Multiplex inside the Forum Palermo shopping center, a cinema with seven theaters for a total capacity of over 1,200 persons. Forum Palermo (second project for the pa ...

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