ActivumSG’s fund divests hotel in Madrid for €65m
A fund managed by ActivumSG Capital Management has sold the 161-guest room Hard Rock Hotel Madrid it established by converting an office building in...
Stoneweg, Bain Capital Credit buy hotel in Ibiza
Stoneweg Hospitality and Bain Capital Credit, via their real estate hospitality joint venture, have purchased the Palladium Hotel Don Carlos in the coastal town...
Wynn Resorts to sell property in Boston for $1.7bn
Wynn Resorts has agreed to sell all of the land and real estate assets of Encore Boston Harbor to Realty Income for $1.70 billion...
Union Investment buys Barcelona hotel from Partners Group
Union Investment has acquired a hotel in Barcelona, Spain, from Partners Group, on behalf of its open-ended real estate fund Unilmmo: Europa. The hotel opened...
Eurazeo, PSP Investments form JV to invest in European hotels
Global investment company Eurazeo and Canada's Public Sector Pension Investment Board (PSP Investments) have established a strategic partnership to invest in hotels across Europe. The...
Bain Capital Credit, Stoneweg acquire resort hotel in Marbella, Spain
A real estate hospitality joint venture between Stoneweg Hospitality and Bain Capital Credit has agreed to acquire the group of companies that owns and...
Hyatt to add two new hotels to UK portfolio
Hyatt Hotels Corporation has signed a management agreement with Stratford City Hotels Limited, a wholly-owned subsidiary of M&L Hospitality, for Hyatt Regency London Stratford and Hyatt House...
CDL to sell Seoul hotel for KRW 1.1 trillion
Singapore-listed City Developments Limited (CDL) is divesting the Millennium Hilton Seoul hotel to Korean real estate investment manager IGIS Asset Management. City Developments Limited said Monday...
Azora buys Italian resort hotel operator Bluserena
Madrid-based European private equity real estate manager Azora has acquired Bluserena SPA, the second largest resort operator in Italy, from the Maresca family. The...
CBRE appoints Chris Ely as Head of Hotel Asset Management, Asia
CBRE has appointed Chris Ely as Head of Hotel Asset Management, Asia. Based in Singapore, Ely will lead CBRE’s Hotel Asset Management and Operator Selection...