Värde Partners, Flynn acquire 20 select service hotels for $211m
A joint venture between Flynn Properties (Flynn) and Värde Partners has acquired 20 select service hotels, 11 Marriott and nine Hilton branded properties, from...
Schroders Capital raises €525m for pan-European hotel fund
Schroders Capital has raised €525 million for pan-European operating hotels fund, the Schroders Capital European Operating Hotels Fund, exceeding the €500 million hard cap...
VICI Properties to acquire MGM Growth Properties for $17.2bn
VICI Properties is acquiring MGM Growth Properties LLC for $17.2 billion. VICI Properties, MGM Growth Properties LLC and MGM Resorts International, MGP’s controlling shareholder, have...
Commerz Real acquires hotel project in Lübeck
Commerz Real has acquired a hotel project in Lübeck, Germany from the project developer GBI through its Luxembourg Commerz Real Institutional European Hotel Fund. The...
Värde Partners sells hotel in Barcelona for €96m
Värde Partners has agreed to sell Hotel Barcelona Apolo to Meliá Hotels International, the current hotel operator, for €96 million. The sale was agreed...
Partners Group, GIC, Salter Brothers to buy A$620m hotel portfolio in Australia
Swiss-based global private markets firm Partners Group, in partnership with Singaporean sovereign wealth fund GIC and Australian hospitality operator Salter Brothers, has agreed to...
Azora buys two hotels in Portugal’s Algarve region for €148m
Madrid-based European real estate investment manager Azora has acquired two five-star hotels in Portugal's Algarve region, on behalf of its Azora European Hotel and...
Park Hotels & Resorts to sell two San Francisco hotels for $303.5m
Park Hotels & Resorts (Park) on Tuesday said it has agreed to sell Le Meridien San Francisco and Hotel Adagio, Autograph Collection (San Francisco, CA) for...
DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million. Including the company's projected capital expenditures, the sale price...
Union Investment enters Irish hotel market
Hamburg-based real estate investment manager Union Investment has entered the Irish hotel market by acquiring the planned Premier Inn hotel in Dublin’s Docklands. The...
