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Redevco and SFP Group form €300m Iberian hotel JV
Redevco and SFP Group form €300m Iberian hotel JV

Redevco and Swiss Finance & Property Group (SFP Group) have formed an Iberian hotel Joint Venture. Following a first close, a fund managed by SFP has indirectly taken a majority stake in ...

Julius Meinl to purchase Bucharest's Ambasador hotel for €35m (RO)
Julius Meinl to purchase Bucharest's Ambasador hotel for €35m (RO)

House of Julius Meinl is close to completing the purchase of the Ambasador hotel, one of the most famous hotels in Bucharest. The Austrian group is preparing to invest c. €35m in the acquisition ...

Limestone added resort on Costa Smeralda to Italian portfolio
Limestone added resort on Costa Smeralda to Italian portfolio

Limestone Capital AG acquired a luxurious resort hotel on Sardinia’s Costa Smeralda, marking an addition to its growing portfolio of four hotels in Italy. With this strategic acquisition, ...

Hammerson to sell Union Square shopping centre in Aberdeen for €129.9m (GB)
Hammerson to sell the Union Square shopping centre in Aberdeen for €129.9m (GB)

Hammerson agreed to sell the Union Square shopping centre in Aberdeen, Scotland, to an affiliate of Lone Star Real Estate Fund VI, for c. €129.9m.   The British real estate group aims to ...

Bega Turism plans to invest in apart-hotel Timisoara city centre (RO)
Bega Turism plans for to invest in apart-hotel Timisoara city centre (RO)

Bega Turism has announced plans for a new investment in an apart-hotel located in the Timisoara city centre.    The estimated cost of the investment is €12 million. The construction of ...

Plans for a new stadium for Manchester United in Trafford Park (GB)
Sir Jim Ratcliffe's plans a new stadium for Manchester United in Trafford Park (GB)

Sir Jim Ratcliffe, the new co-owner of Manchester United, has announced plans to construct a new stadium for the club. The proposed stadium may be built adjacent to the current one in Trafford Park. ...

Vue Islington officially completed a full site refurbishment (GB)
Vue Islington officially completed a full site refurbishment (GB)

Vue Islington officially completed a full site refurbishment with new recliner seating and upgrades throughout the venue.   Located within Islington’s Angel Central, the 10-screen cinema ...

Whitbread PLC adds development site Manchester to portfolio (GB)
Whitbread PLC adds development site Manchester to portfolio (GB)

Whitbread PLC has recently acquired a new development site on the edge of Manchester's Northern Quarter from Premcor on Rochdale Road. The site comes with planning permission for a stunning ...

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