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» Chronological View: " Hotel & Leisure " «

Cinamon will open its doors in Redi shopping centre

Cinamon is making its way to Finland for the first time and will open a five-screen cinema in the Redi shopping and experience centre. Cinamon has signed an agreement to lease around 2,400 m² in Redi's entertainment court, which will open in autumn 2018. The new generation cinema will have a total of around 700 seats. The lar...
Donnerstag, 29. Juni 2017

Edinburgh's Bonham Hotel sold to U.S. investor group

A luxury boutique hotel in Edinburgh's west end, The Bonham Hotel, has been sold by a controlled affiliate of Starwood Capital on an off-market basis to the U.S. based investor. Starwood Capital Group, via Starwood Global Opportunity Fund X, acquired the property in 2015 as part of the Town House Collection, which included th...
Mittwoch, 28. Juni 2017
CA Immo builds office and hotel high-rise One in Frankfurt

CA Immo builds office and hotel high-rise One in Frankfurt

CA Immo has finalized the decision to start construction of the office and hotel high-rise One in Frankfurt. The 190m building will be in the Europaviertel, centrally located between the banking district and the exhibition grounds. The driving force behind the decision was the signing of a long-term lease agreement with the i...
Mittwoch, 28. Juni 2017

L&G refreshes Dolphin Shopping Centre in Poole

LGIM Real Assets has signed an agreement with the Borough of Poole that unlocks a €29.3 million (£26 million) programme of investment at The Dolphin Centre in Dorset. Plans include bringing further improved retail and dining choices to the Centre. The agreement restructures the existing headlease arrangements into a single, l...
Mittwoch, 28. Juni 2017

Autograph Collection Hotels adds Hotel Círculo Gran Vía in Madrid to portfolio

Autograph Collection Hotels, part of Marriott International, welcomes its third distinctly independent property in Madrid with the opening of Hotel Círculo Gran Vía. The neo-classical building is the former home of the Merchants and Industrialist’s Circle and has been transformed into a boutique, adults-only hotel and casino ...
Dienstag, 27. Juni 2017

Novum Hotel Group opens its first Niu in Essen

The opening date for the first Niu lifestyle brand hotel is fixed. From 15 November 2017, globetrotters, business people, young and old can check into one of the 145 rooms at the new Niu Cobbles at the corner of Kruppstrasse and Friedrichstrasse. The Europa-Center Immobiliengruppe has developed office and commercial space on ...
Montag, 26. Juni 2017

Skanska divests three properties in Flemingsbergsdalen

Skanska has divested three properties (Generatorn 4-6) in Flemingsbergsdalen to Niam for €87 million (SEK 850m). The properties include almost 24,000 sqm newly developed retail, hotel, gym and sports facilities. Anchor tenants are ICA, Huddinge municipality, MedFit and Forenom. Flemingsbergsdalen is a large development area s...
Montag, 26. Juni 2017

Elliott's Field achieves two sustainability goals

Hammerson announces that Elliott's Field Phase II in Rugby, has achieved two sustainability goals, having been awarded an interim Outstanding BREEAM rating in addition to becoming the first shopping park globally designed to be carbon neutral. These achievements follow Hammerson's recent commitment to becoming Net Positive by...
Freitag, 23. Juni 2017
Scandic become the leading hotel operator in Finland

Scandic become the leading hotel operator in Finland

Scandic Hotels Group has signed an agreement to acquire Restel’s hotel operations in Finland. Through the acquisition, the hotel group will strengthen its position as the leading hotel company in the Nordic countries and become the largest hotel operator in Finland. The transaction subject to regulatory approval.
Freitag, 23. Juni 2017

Lxi REIT completes €3.6 million acquisition of a long-let supported living portfolio

The Board of Lxi REIT plc has completed the acquisition of the freehold interest in a portfolio of regulated long-let supported living properties located in Kent, West Sussex and Gloucestershire. The purchase price for the Portfolio is €3.6 million (£3.2 million), reflecting a net initial yield of 6.0% (net of acquisition cos...
Mittwoch, 21. Juni 2017

AXA IM - Real Assets acquires majority stake in Hilton Diagonal Mar hotel in Barcelona

AXA Investment Managers - Real Assets has completed the acquisition, on behalf of AXA Insurance Companies, of a 55% stake in the Hilton Diagonal Mar Hotel in central Barcelona, from Iberdrola Inmobiliaria for €80 million. The hotel is operated by Hilton Hotels on a long term lease.
Mittwoch, 21. Juni 2017

GPE acquires Cityside and Challenger House in London

Great Portland Estates has acquired the freehold of land and buildings including Cityside and Challenger House, 40/42 Adler Street and 2/8 Whitechapel Road, London E1 from Hermes Investment Management, for €56.2 million (£49.6 million or €362/£320 per sq ft).
Mittwoch, 21. Juni 2017
Three new brands move to Lexicon Bracknell

Three new brands move to Lexicon Bracknell

The Lexicon Bracknell has signed three new top brands, Boots UK, Office and The Entertainer to attract customers to the transformed town centre when it opens in September 2017. With less than four months to go until opening, some 75.6 per cent, by floor space, of The Lexicon is now pre-let or in solicitors' hands, with a furt...
Mittwoch, 21. Juni 2017

Cost creep wipes out revenue growth for Hamburg hotels

Despite recording a 1.3 per cent increase in Total Revenue this month, hotels in Hamburg suffered a 5.2 per cent decline in profit per room as a result of escalating costs, according to the latest data from HotStats. The growth in TrevPAR (Total Revenue per Available Room) was primarily as a result of an increase in Rooms Rev...
Dienstag, 20. Juni 2017

Cristallo Resort & Spa in Cortina joins the Luxury Collection

The Luxury Collection Hotels & Resorts, part of Marriott International, announced that Cristallo, a historic hotel located in the renowned Italian town of Cortina d’Ampezzo, will join The Luxury Collection this June. Owned and managed by the Gualandi family, Cristallo, a Luxury Collection Resort & Spa, marks the brand’s first...
Dienstag, 20. Juni 2017

Events fuel profit at Edinburgh hotels

An array of major events across leisure and business segments fuelled a 52.2 per cent year-on-year increase in profit per room at Edinburgh hotels this month, according to the latest data from HotStats. In addition to the 1,200-strong delegation at the Microbiology Society Annual Conference hosted by the EICC, the Scottish ca...
Dienstag, 20. Juni 2017

Cofinimmo acquires additional nursing and care home

Since 16.06.2017, the Cofinimmo Group counts an additional German nursing and care home in its portfolio. It acquired the Christinenhof residence in the heart of the city of Lüneburg (Lower Saxony) for €12.6 million. This acquisition brings the fair value of its entire German portfolio to €129.5 million. The newly acquired a...
Dienstag, 20. Juni 2017