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Accor opens a new ibis hotel in Bucharest (RO)
Ibis hotels expands in Romania

Accor has signed a management agreement with Alexandra Residence Design to open 144-room ibis hotel in Tunari, Romania by the end of 2022. The newly signed hotel will be located near the future ...

Gecina acquires Paris resi complex for c.€33m (FR)
Gecina acquires Paris resi complex for c.€33m (FR)

Gecina is making its first residential acquisition through the dedicated subsidiary that it has created, in line with the Group’s ambition to support housing around a long-term view. This ...

Commerz Real appoints Gabriele Volz as CEO
Commerz Real appoints Gabriele Volz as CEO

The Supervisory Board of Commerz Real has appointed Gabriele Volz as Chief Executive Officer of Commerz Real. She will take up the position on 1 January 2021. Michael Mandel, Chairman of the ...

Hammerson to open Scottish retail destinations on 13 July
Hammerson to open Scottish retail destinations on 13 July

Hammerson has announced that its flagship destinations Union Square, Aberdeen, and Silverburn, Glasgow, are expected to reopen on 13 July, in line with the latest guidance from the Scottish ...

Foruminvest invests in Milan hotel development (IT)
Foruminvest invests in Milan hotel development (IT)

Foruminvest Italia has signed the preliminary purchase agreement for a land plot of 1.15 ha for hotel development of 240 rooms and 120 parking spaces. The seller is Villa Carmen Srl, an Italian ...

Arrow Capital acquires Warsaw logistic property (PL)
Arrow Capital acquires Warsaw logistic property (PL)

Arrow Capital Partners has acquired the prime urban logistics asset, Airport House, in Warsaw. The asset has been sold by M7 Real Estate, acting on behalf of PVBRI, a work-out ...

RIU reopens 54 hotels worldwide
RIU reopens 54 hotels worldwide

The RIU chain is preparing for the summer season by reopening 54 hotels in 16 countries following the suspension of tourism due to COVID-19. The hotel company gradually began ...

CMN acquires Prague office portfolio for €74.5m (CZ)
CMN acquires Prague office portfolio for €74.5m (CZ)

Ceskomoravska Nemovitostni (CMN) has completed the purchase of two office buildings CITY WEST C1 and C2 in Prague. The buildings have been purchased from CFH, a Luxembourg-based ...

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