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June’s UK commercial rent collections reach 69%
June’s UK commercial rent collections reach 69%

New data released by Cushman & Wakefield based on analysis of rental returns of several thousand UK tenants shows that despite gloomy predictions, second-quarter rental collections held up well ...

IHG plans first new hotel in Budapest in 23 years (HU)
IHG plans first new hotel in Budapest in 23 years (HU)

IHG® (InterContinental Hotels Group) has signed a franchised agreement with Borealis Hotel Group for Holiday Inn Express Budapest City Centre. The 189-room hotel will be the first ...

CitizenM Hotels team up with GBI for German debut
CitizenM Hotels team up with GBI for German debut

The award-winning Dutch hotel and lifestyle brand citizenM has entered into an exciting collaboration with German project developer GBI aimed at the expansion into the German hotel market. The ...

UBS AM acquires Paris office property for €43m (FR)
UBS AM acquires Paris office property for €43m (FR)

UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) business has acquired a prime office building in Paris, France for a total cost of c.€43m. The property was purchased on ...

Altera invests in Dutch resi scheme
Altera invests in Dutch resi scheme

Altera Vastgoed NV has agreed on the purchase of 125 apartments at the former Vrodest location in Zaandam with development consortium Stebru / Impact Vastgoed, with the assistance and advice of ...

Tattersall Lorenz secures German retail mandate
Tattersall Lorenz secures German retail property mandate

Tattersall Lorenz has received property management instructions for a portfolio of mainly retail properties from an asset manager in southern Germany. It covers all-inclusive property ...

Radisson and Cycas launch its first extended stay hotel in Western Europe (NL)
Radisson and Cycas launch its first extended stay hotel in Western Europe (NL)

Cycas Hospitality has signed a lease agreement with ECHO Partners to operate its first Radisson-branded property; the Radisson Hotel & Suites Amsterdam South. When it opens in early 2021, the ...

L&G Industrial Fund agrees new €605m debt facility (GB)
L&G Industrial Property Investment Fund agrees new €605.4m debt facility (GB)

LGIM Real Assets has completed a €495.3m (£450m) refinancing for its Industrial Property Investment Fund, with the potential to extend the facility to €605.4m (£550m) ...

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