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Hotel investment levels up 53% year-on-year in Q1 2010 (EU)

The global hotel investment market experienced a strong start to the year with first quarter transaction volumes reaching $2.8 billion, (€2.10 billion) a 53% increase on the $1.8 billion transacted i ...

Starman Hotels confirms sale of iconic hotel (UK/CA)

London based hotel group, Starman Hotels has completed the sale of the iconic 298-bedroom Le Méridien King Edward in Toronto to King Edward Realty Inc for CAD$48 million (aprox. €35.1 mln.). Followi ...

Fairmont Hotels & Resorts property to open in Baku, Azerbaijan in early 2011 (AZ)

Fairmont Hotels & Resorts and Azinko Development M.M.C. recently announced the signing of their agreement for Fairmont to manage a new 347-guest room luxury hotel property in the sparkling coastal ...

Confidence grows at MIPIM 2010 (FR)

Investor confidence, major city delegations and ambitious project presentations were all present in abundance in Cannes this week, as some 18,000 delegates from 81 countries met for business at the 21 ...

Real Estate Publishers launches two new Yearbooks at MIPIM 2010 (EUR)

Real Estate Publishers (REP) launched two new editions of its highly popular Yearbooks at MIPIM 2010 in Cannes: Europe Real Estate 2010 (seventh edition), and Belgium Real Estate 2010 (fifth edition) ...

Warimpex and UBM and Vienna International open sixth angelo design hotel in Katowice (PL)

Real estate developers Warimpex and UBM and hotel management firm Vienna International have opened their sixth angelo design hotel after Prague, Bucharest, Munich, Pilsen and Ekaterinburg: the angelo ...

Pinsent Masons advises Osmond on £418 mln. Horizon float (UK)

Pinsent Masons was lead adviser on the biggest UK IPO in over a year, the £418 million (approx. €464.2 mln.) listing of restaurant entrepreneur Hugh Osmond's corporate acquisition company Horizon on ...

Heijmans to restructure Kaatsheuvel's town center for €40 million (NL)

Heijmans is to carry out extensive restructuring of the centre of Kaatsheuvel (Loon op Zand municipality) in accordance with the 'Bruisend Dorpshart' (vibrant town heart) plan. The contract was signed ...

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