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...
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...
Noble adds fourteen hotels to portfolio
Noble Investment Group has acquired a fourteen-asset Marriott, Hilton, and Hyatt hotel portfolio. Noble plans to invest in physical enhancements across the portfolio. “Since the...
Dalata snaps up London hotel for £53.4m
Ireland-based hotel operator Dalata Hotel Group has agreed to acquire the long leasehold interest of the Apex Hotel London Wall for £53.4 million (€62.2...
London’s iconic BT Tower sold to US hotel group for £275m
BT Group has agreed to sell the iconic BT Tower in London to US hotel group MCR Hotels for £275m. MCR Hotels intends to...
IHG to open its fifth voco hotel in Sydney CBD
Inter Continental Hotels Group (IHG) announced that it will open its fifth 'voco' hotel in Australia in Sydney CBD with developer Linzhu Australia Pty...
Blackstone completes $4.25bn acquisition of Bellagio
Blackstone Real Estate Income Trust and MGM Resorts International announced the closing of the previously announced 95%/5% BREIT-led joint venture with MGM Resorts to...
Pebblebrook Hotel Trust announces action plan to mitigate COVID-19 impact
Pebblebrook Hotel Trust (NYSE: PEB) announced that in addition to the significant efforts underway to protect the health and safety of its guests and...
ActivumSG fund buys Nobu Hotel in Barcelona
A fund managed by ActivumSG Capital Management, a private equity investment manager, has acquired the recently renovated Nobu Hotel in central Barcelona from Spain’s...
Global hotel investment activity reaches $30bn in H1 2021
Global hotel investment activity reached $30 billion in the first half of 2021, inclusive of entity-level deals, representing a strong increase of 66% year-over-year...
