Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

Hotel & Leisure

Patrizia checks in for £25m at Edinburgh‘s Malmaison Hotel

The German asset manager has invested £25m in the Malmaison hotel on St Andrews Square in Edinburgh city centre on behalf one of its UK institutional clients. The 72-bed boutique hotel has the third highest average daily room rate in Malmaison‘s portfolio.
Friday, 24. May 2024

IHG adds more than 380 rooms to its Staybridge Suites brand across Europe

IHG Hotels & Resorts grows in the European upscale extended stay segment with the signing of Staybridge Suites Budapest - Parksid; Staybridge Suites Antwerp and Staybridge Suites Belfast. The agreements demonstrate the continued popularity of the extended stay segment amongst owners and guests.
Tuesday, 21. May 2024

US capital swoops into UK CRE recovery with 64% y-on-y growth in investment

BNP Paribas Real Estate’s analysis of Q1 2024 has revealed that investment activity from US-based buyers into UK commercial real estate (CRE) has risen substantially, with London recording its highest share versus the rest of the UK in almost a decade. The analysis demonstrates that US-based investors are seeing value in curr...
Thursday, 16. May 2024

Quartiers enters partnership with Catella

Quartiers Properties AB has entered into a partnership with Catella Corporate Finance for the expansion of Boho Club in Europe. The first task of the partnership is to refinance the Company's loan structure and to raise funds for the expansion of Boho Club Marbella in accordance with the detailed plan that is currently being ...
Thursday, 16. May 2024

Leonardo Hotels acquires Hamburg's 'Sir Nikolai' from Sircle Hospitality

The Leonardo Hotel Group has acquired the Sir Nikolai Hotel of the Sircle Collection from the lifestyle hotel group Sircle Hospitality Group (SHG). The acquisition marks the debut of the Leonardo Limited Edition brand in Germany for the hotel chain, which is part of the Fattal Hotel Group.
Tuesday, 14. May 2024

Thomas Lamson joins Ascott as VP Development & PTS

The Ascott Limited announces the appointment of Thomas Lamson as Vice President Development & PTS (Product & Technical Services) for the EMEA region. A member of the Executive Committee for Europe, he reports to Ngor Houai LEE, Chief Operating Officer, EMEA, South Asia and China, at Ascott.
Monday, 13. May 2024

£300m plan to develop Merchant City reaches 'significant' milestone

A significant milestone has been reached in the £300 million regeneration of Candleriggs Square in Glasgow's Merchant City. Developed by a joint venture bringing together Drum Property Group and Stamford Investments, the site has marked its first completed building following the highly awaited opening of the UK's first The So...
Friday, 10. May 2024

Turenne sells Hotel Mercure Lyon Centre Chateau Perrache to Sohoma

The Turenne Hôtellerie team has sold the premises and business of the Mercure Lyon Centre Château Perrache hotel on behalf of its Turenne Hôtellerie 2 fund. The new owner is the French hotel group Sohoma, which paid over €24 million for the hotel, according to market sources.
Wednesday, 8. May 2024