Frasers Property to take hospitality arm private
Frasers Property will take its Singapore-listed hospitality arm, Frasers Hospitality Trust, private in a deal valuing the REIT at S$1.35 billion ($970 million). Frasers Property has...
Hilton corporate response to COVID-19
The novel coronavirus (COVID-19) has created unprecedented challenges for our industry, our hotels and our Team Members. Hilton Worldwide Holdings Inc. (NYSE: HLT) is...
S Immo pays €168m for Czech property portfolio
Vienna-based real estate investment company S Immo has expanded its portfolio with the acquisition of three office buildings and a hotel in the Czech...
Azora raises €815m for pan-European hospitality fund
Azora has completed the final close of its latest pan-European hospitality fund, Azora European Hotel & Lodging, F.C.R., reaching €815 million in total commitments plus additional...
Oakwood to open hotel in Melbourne
Global serviced apartment operator Oakwood, a wholly owned subsidiary of Singapore's Mapletree Investments, will open its second Oakwood Hotel & Apartments in Australia. According to...
Kennedy Wilson completes $178M of UK asset sales
Global real estate investment company Kennedy Wilson has completed the sale of two wholly owned U.K. properties, including the Fairmont St Andrews resort in Scotland and...
Union Investment buys Westfalen-Center Dortmund
Union Investment has acquired the Westfalen-Center Dortmund campus located close to Dortmund city centre. The campus property comprises an office building that incorporates a hotel. The campus occupies a 10,062...
Tristan fund makes first investment for new hotel strategy
Tristan Capital Partners’ EPISO 5 Fund has acquired a hotel in Manchester, England for its new €500 million hotel investment strategy. The 261-key, four-star hotel...
PATRIZIA buys hotel development in Lisbon
PATRIZIA AG has acquired a landmark hotel development, Tagus Square, in Lisbon, Portugal from a private individual on behalf of a German pension fund....
Starwood snaps up central London hotel portfolio
Starwood Capital Group announced that one of its controlled affiliates has acquired a portfolio comprising 10 hotels in central London from Edwardian Group for...