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» Chronological View: " Hotel & Leisure " «

Peab rebuilds Sollentuna Hospital

Peab has been commissioned to rebuild Sollentuna Hospital with modern care facilities and a center for specialist care. The customer is the Stockholm Region County Council through Locum AB and the contract is worth €74.3 million (SEK 710 million). The project will be a total renovation of the entire hospital. Sollentuna hospi...
Thursday, 27. April 2017

Hotel management contracts become more complex as power of global operators grows

While hotel lease contracts have traditionally been very popular in Europe and continue to be preferred by many institutional investors, management contracts have become increasingly prevalent as many other investors have sought to share further in their hotel's trading profit and, at the same time, most major international h...
Thursday, 27. April 2017

Jumbo retains its position as the largest shopping centre by the volume of total sales

The shopping centre Jumbo, located in the vicinity of the Helsinki-Vantaa International Airport, experienced rapid growth in 2016 with an increase of 4.4% in total sales and 11% in visitor numbers. In 2016, the total sales at Jumbo reached €413.7 million and the shopping centre was visited by almost 11.8 million customers.
Thursday, 27. April 2017
Barons Eden Group adds The Dial House to its portfolio

Barons Eden Group adds The Dial House to its portfolio

The Dial House Hotel in Bourton-on-the-Water has changed hands following a deal brokered by Colliers International. The classic Cotswolds property has been snapped up by the Barons Eden Group, which operates some highly individual businesses including Hoar Cross Hall Spa Hotel, Eden Hall Day Spa and Huxleys café.
Wednesday, 26. April 2017

Kiev quality hotel market shows stable growth in occupancy fourth year in a row

JLL presents the Q1 2017 Kiev quality hotel market results. “Compared to what we forecasted for 2017 when reporting on 2016 results, quality hotels in the Ukrainian capital are meeting the expectations. The occupancy grew healthily in the first 3 months of the year, actually surpassing the YTD results of the last stable year,...
Wednesday, 26. April 2017

Outlet Park Szczecin with record-high number of visitors

Outlet Park Szczecin, owned by Echo Polska Properties, is the most popular outlet in Poland - in the first quarter of this year it was visited by 825,837 people – more than in case of other similar outlets. Average monthly footfall in Outlet Park Szczecin amounts to 290,000 customers.
Wednesday, 26. April 2017
Barnsley's regeneration kick starts with Glass Works ground breaking

Barnsley's regeneration kick starts with Glass Works ground breaking

The Mayor of Barnsley, Cllr Linda Burgess, joined other key stakeholders at the ground breaking of The Glass Works in Barnsley. The event marked the start of construction of a €6.2 million (£5.3 million) library, the first permanent building within the transformative town centre project being spearheaded by the Barnsley Counc...
Wednesday, 26. April 2017
JLL appointed as leasing agent for a new shopping centre in Moscow

JLL appointed as leasing agent for a new shopping centre in Moscow

The ENKA TC company has appointed the JLL team as co-exclusive consultant on marketing and leasing the new shopping and entertainment centre on Kashirskoye highway in Moscow. This modern shopping mall with the total area of 195,500 sq m is to open in the early 2018. The shopping and entertainment centre will appear in place o...
Wednesday, 26. April 2017

LXi REIT acquires the Cambridge Belfry Hotel at Cambourne

The LXi REIT plc has acquired the Cambridge Belfry Hotel at Cambourne in Cambridge. The purchase price for the property is €21.84million (£18.53 million), reflecting a net initial yield of 6.1% on the asset acquisition (net of acquisition costs to the company).
Monday, 24. April 2017

Avignon Capital enters Dutch market with the acquisition of Amsterdam NH Hotel for €45m

Avignon Capital has acquired the NH Amsterdam Zuid hotel for €45m. This is the second hotel acquisition and marks the firm’s first acquisition in the Dutch market. The hotel is based in the Zuidas business district of Amsterdam, an area strategically-positioned between the city centre and Schiphol Airport. The 4-star hotel co...
Monday, 24. April 2017
Land Securities and Delancey exit The Metro Shopping Fund

Land Securities and Delancey exit The Metro Shopping Fund

Land Securities and Delancey have exited The Metro Shopping Fund following completion of the sale of the 50 per cent stake in Southside Shopping Centre currently held by DV4, clients of Delancey, to Invesco Real Estate for €179m (£150m), and the sale of Land Securities 50 per cent stake in ShopStop, Clapham Junction to DV4. T...
Friday, 21. April 2017

Europa Capital and WX Management Services acquire Radisson Blu Centrum Hotel in Warsaw

Europa Capital and WX Management Services have completed the acquisition of the Radisson Blu Centrum Hotel in central Warsaw. The Radisson is a 311 room, four-star hotel with conference facilities, restaurants and leisure facilities including a gym, swimming pool and spa and is located in the heart of Warsaw's CBD. WXMS advis...
Thursday, 20. April 2017
AXA IM - Real Assets and ATP acquire a large scale hotel development in Amsterdam

AXA IM - Real Assets and ATP acquire a large scale hotel development in Amsterdam

AXA Investment Managers - Real Assets has completed, in a 50/50 joint venture between ATP, Denmark's largest Pension Fund, and AXA Insurance Companies, the acquisition, by way of a forward purchase, of a hotel development in Amsterdam from COD who are developing the project jointly with Being Development.
Thursday, 20. April 2017
Further lettings seured at City Tower in Manchester

Further lettings seured at City Tower in Manchester

Schroder Real Estate Investment Management has secured a further 47,500 sq ft of new office lettings at City Tower, Manchester, taking total new secured income post its refurbishment of the vertical business district to over €1.7 million (£1.4million). The National Institute for Health and Care Excellence („NICE“) has complet...
Thursday, 20. April 2017
Ryden sells Dovehill Arms in West Lothian

Ryden sells Dovehill Arms in West Lothian

Ryden's licensed and leisure team has sold the Dovehill Arms public house at 18-20 West Main Street, Uphall, West Lothian on behalf of Punch Taverns. The long established local community pub was sold around the asking price of €197,135 (£165,000) to a local publican who owns two other public houses in Edinburgh and the Lothia...
Thursday, 20. April 2017

Staycity's two new properties in Lyon and Marseille have achieved strong occupancies

Staycity Aparthotels’ Marseille and Lyon properties have together achieved high occupancy figures and exceeded budget expectations in their first month of trading. The 108-apartment Staycity Centre Vieux Port opened at the beginning of February in Marseille’s popular old port area, just a minute’s walk from Colbert Hotel de R...
Thursday, 20. April 2017

Pradera appoints BNP Paribas Real Estate to manage its retail parks and shopping centers

BNP Paribas Real Estate has been selected to provide property management services in 8 countries on behalf of Pradera. BNP Paribas Real Estate will take over the property management of 25 properties that include Ikea among the key retailers, along with other major national and international brands. Pradera will act as asset m...
Thursday, 20. April 2017