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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.
The Ocean Drive hotel company, owned by Ibiza businessman Marc Rahola Matutes, has sold the Ocean Drive Barcelona hotel in the city centre for a reported €55m. New owner is a confidential eastern European investment company.
Azora kicks off the marketing of ML28 Madrid Urban Hub, the first urban campus in downtown Madrid, located in one of the most dynamic areas of the capital today, the Four Towers and Madrid Nuevo Norte. CBRE will exclusively market the project, expected to be completed by mid-2025.
KKR and its European hospitality partner Amante Capital acquired the 132-bedroom Park Grand London Kensington Hotel from Bartek Holdings Limited. Terms of the transaction were not disclosed.
Strabag has signed a purchase agreement together with Porr for parts of the Vamed Group, specifically for the technical operations management and construction projects divisions of Vienna General Hospital (AKH Wien) as well as Vamed's Austrian project development business and its Austrian spa hol...
Demire Deutsche Mittelstand Real Estate AG announces a change in the company's Supervisory Board. Kerstin Hennig left the Supervisory Board on May 1, 2024 at her own request. Ernö Theuer, Managing Partner of the Frankfurt-based investment company Crespi Group, has been appointed as a new member o...
Golden Star Estate has its team reinforced by two experts in the field: Małgorzata Głowicka has joined as Group Chief Financial Officer and Magdalena Ruta has been appointed as Head of Asset Management.
European prime office yields moved out by an average of 5 basis points to 4.90% during Q1 2024, down from a 17 bps increase in the previous quarter, as yields begins to stabilise, according to Savills.
BGO and Thirteen Seven have signed the first lease in Mittelweser Park. The international logistics company, ID Logistics, has committed to approximately 17,000 square metres in one of Germany’s newest, sustainability inspired logistics industrial developments. The company will occupy two units m...
Bloom and TPG Angelo Gordon have acquired Poplar Business Park, a prime multi-let industrial estate next to Canary Wharf in east London. The property was purchased from Workspace Group for £21.5 million.
ARE CEO Hans-Peter Weiss, UBM CEO Thomas G. Winkler and Habau CEO Hubert Wetschnig laid the foundation stone for 135 privately financed condominiums together with district representative Erich Hohenberger. By laying the foundation stone for Park Homes, the partners are also heralding the start o...
Revelop has acquired 11 assets in two separate transactions after securing more than SEK 2,4 billion in new equity commitments for its latest flagship value-add fund. One of the transactions i...
IWG is opening a state-of-the-art flexible workspace in Budapest As the adoption of hybrid working rapidly accelerates across Hungary, the number of enquiries for space in IWG locations has ri...
In December 2023, CTP signed a contract with Scan Global Logistics Kft. to occupy almost 13,000 sqm of space in the ULL2 hall of CTPark Budapest East in Üllő. Thanks to the excellent partnersh...
LIP Invest signs a follow-up lease for the distribution centre in Hildesheim with the current tenant, Coca Cola. The contract runs for approximately one year, after which the beverage company ...
United Benefits Holding realises the purchase of the „Justizzentrum Wien Mitte“ for Euro Real Estate with a transaction volume of more than €150 million. The major deal with Immofinanz is the ...
Trammell Crow Company (TCC) has won Invesco as a partner for its logistics property project in Neuruppin. Together they will realise the logistics centre at Core Temnitzpark. The developer obt...
KanAm is making progress with the repositioning of Frankfurt's Trianon and has now officially confirmed the lease extension with Deutsche Bundesbank. The extension, which was first announced i...
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 g...
The Ocean Drive hotel company, owned by Ibiza businessman Marc Rahola Matutes, has sold the Ocean Drive Barcelona hotel in the city centre for a reported €55m. New owner is a confidential east...
KKR and its European hospitality partner Amante Capital acquired the 132-bedroom Park Grand London Kensington Hotel from Bartek Holdings Limited. Terms of the transaction were not disclosed.