Whitbread acquires prime freehold property in central London
Whitbread PLC has acquired a prime freehold property on the Strand in central London, located just off Trafalgar Square. Subject to planning, 5 Strand will become the...
SC Capital Partners consortium pays $900m for Japanese hotel portfolio
Singapore-headquartered private equity real estate firm SC Capital Partners has formed a consortium with Abu Dhabi Investment Authority (ADIA) and Goldman Sachs Asset Management...
Singapore’s GuocoLand to sell hotel in Shanghai
Singapore-based real estate company GuocoLand Limited (GuocoLand), listed on the Singapore Exchange Securities Trading Limited, announced that its wholly-owned subsidiary, Shanghai Xinhaolong Property Development...
Blackstone, Bourne Leisure agree sale of Butlin’s
Blackstone and Bourne Leisure have agreed to the sale of Butlin's, the iconic British seaside resorts, to a newly formed company backed by the...
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...
Hyatt and BTG Hotels to create new hospitality brand
Hyatt Hotels Corporation and BTG Hotels Co. have entered a strategic joint venture to create a new hospitality brand to expand across China. The...
Perial AM buys hotel near Frankfurt for €18m
Perial Asset Management has acquired a hotel in Offenbach, close to Frankfurt, for €18 million for the SCPI PF Hospitalité Europe fund. The 7,638 sqm...
Hilton Hotel in The Hague sold for €70m
Avignon Capital, the European investment and asset management firm, has acquired the Hilton Hotel, located in The Hague from Hillgate Development and the Bon...
Union Investment enters resort hotel market
Hamburg-based real estate investment manager Union Investment has entered the resort hotel market by acquiring a Marriott Bonvoy Autograph Collection boutique hotel on Lake Tegernsee. Construction work...
Australia’s Crown confirms $7.1bn takeover offer from Wynn Resorts
Australia’s entertainment group Crown Resorts has released a statement about media reports in relation to takeover proposal by Las-Vegas based Wynn Resort. Crown Resorts...
