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» Chronological View: " Hotel & Leisure " «

Lego House opens in Billund

Lego House opens in Billund

BIG-Bjarke Ingels Group and Lego bring the toy scale of the classic Lego brick to architectural scale with Lego House. Designed by BIG and Cowi, Lego House is an experience hub for Lego fans. The construction of the 12,000 m² Lego House commenced in 2014, replacing the former City Hall building with support from three generat...
Wednesday, 18. October 2017

Cushman & Wakefield recruits Brien Giuntini as Hotel Investment Partner

Cushman & Wakefield has recruited a second Director from CBRE Hotels, Brien Giuntini, as a Partner in its EMEA Hospitality team. The appointment of Giuntini, who will start at Cushman & Wakefield in mid-October, follows Rob Seabrook's resignation from CBRE's Hotels Capital Markets team as an Executive Director in August. Seab...
Monday, 16. October 2017

Patrizia wins €200m pan-European, value add mandate

Patrizia Immobilien AG has received a separate account from a large pension fund based in northern Germany to build a pan-European value add real estate portfolio worth €200 million. The client wishes to grow its real estate investment exposure and has chosen Patrizia to act as investment manager for office, hotel and residen...
Wednesday, 11. October 2017

Tourist cities lead profit growth for hotels in Europe

Hotels in Europe recorded an impressive 7.1% year-on-year increase in GOPPAR this month, with the growth led by a number of key tourism destinations, including Dublin and Barcelona, according to the latest worldwide poll of full-service hotels from HotStats.
Wednesday, 11. October 2017

Patron Capital sells five Luxury Family Hotels

Patron Capital has sold Luxury Family Hotels to the management team and its backers. The acquisition, for an undisclosed sum, includes the Luxury Family Hotels brand and five of its hotels (Woolley Grange, The Ickworth, New Park Manor, Moonfleet Manor and Fowey Hall)*. Patron Capital retains the iconic Thornbury Castle Hotel ...
Monday, 9. October 2017

Icade at the centre of the Paris 2024 Olympics

The awarding of the 2024 Olympic Games to Paris will allow Icade to step up the development of 650,000 sq.m and of the 350,000 sq.m of land plots it owns in the north of Paris (19th district of Paris/Aubervilliers/Saint-Denis) at the heart of the future Olympic infrastructure. Following the example of Barcelona and London, th...
Friday, 6. October 2017
New F&B brands unveiled for Manchester Arndale's Halle Place

New F&B brands unveiled for Manchester Arndale's Halle Place

M&G Real Estate and Intu have confirmed the first three brands to join the line-up at Halle Place, Manchester Arndale’s new €12.3m (£11m) food and beverage development. The 25,000 sq ft fully refurbished space in the heart of the centre will welcome Tapas Revolution, Barburrito and The Fizz! Bar by Frizzenti in the first thre...
Friday, 6. October 2017

Henderson Park completes the acquisition of two Hilton Metropoles for €558.7m

Henderson Park has completed the €558.7 million (£500 million) acquisition of the London and Birmingham Hilton Metropole hotels, which offer over 1,800 beds in aggregate . As part of the transaction, Henderson Park has secured a seven-year, €368.8 million (£330 million) senior financing through Aareal Bank.
Friday, 6. October 2017
Patrizia acquires Munich’s boutique Ruby Hotel

Patrizia acquires Munich’s boutique Ruby Hotel

Patrizia Immobilien AG has acquired the new Ruby ‘Lilly’ Hotel in central Munich from Art-Invest Real Estate. The eight-storey, 5,200-square-metre property, acquired for the Hotel-Invest Deutschland fund, was converted from an office and extensively modernised in 2016, and reopened in February this year. The operator, Ruby Ho...
Wednesday, 4. October 2017

23 Hotel Sales in the Irish Market in the first 9 months of 2017

CBRE Ireland today released statistics on the volume and value of hotel sales in the Irish market in the first nine months of 2017, showing that a total of 23 hotel properties, totalling more than €87 million between them sold in Ireland during the first nine months of 2017.
Tuesday, 3. October 2017

Poland Hotel Market: The rising Star in CEE

Following last year's report of Poland's hotel market, specialist hotel property adviser, Christie & Co, presented an updated review at two conferences in Warsaw in the past month – the Spotlight Hotel Investment Poland & CEE and the Forum Hotelowe, featuring Poland as one of the most promising hotel markets in Central & East...
Tuesday, 3. October 2017
Commerz Real leases hotel tower in Amsterdam to Meliá

Commerz Real leases hotel tower in Amsterdam to Meliá

Commerz Real AG and the project developer Provast have leased the hotel tower in the „2 Amsterdam“ ensemble in Amsterdam to Meliá Hotels. In the immediate vicinity of the World Trade Center and Amsterdam's South Railway Station in the centre of Zuidas, Amsterdam's new business district, Provast is modernising and converting t...
Monday, 2. October 2017
Legal & General increases investment in The Grafton in Cambridge

Legal & General increases investment in The Grafton in Cambridge

Legal and General's €31.8 million (£28 million) refurbishment programme of the 500,000 sq ft The Grafton in Cambridge has reached a key milestone, with Phase 1 having reached completion. Refurbishment works and reconfiguration of the retail space to create new units, attract new retailers, improve the visitor experience and ...
Monday, 2. October 2017
22.4 million footfall resulting from refresh of Festival Place in Basingstoke

22.4 million footfall resulting from refresh of Festival Place in Basingstoke

The refresh of Festival Place, the largest shopping centre in North Hampshire, is attracting new customers, boosting annual footfall to 22.4 million. The introduction of six new brands, plus the relocation and rightsizing of four prominent existing names within the centre, and the completion of initial construction work, add ...
Monday, 2. October 2017