Brookfield pays €175m for Madrid hotel
Brookfield Asset Management has purchased the Hotel Princesa Plaza complex, located at Calle Princesa, 40 in Madrid from Colony Capital for €175 million. The asset...
Invel, Prodea buy luxury hotel in Milos, Greece
Invel Real Estate and Prodea Investments have bought White Coast Pool Suites, a five-star luxury hotel on the Greek island of Milos. The hotel, located...
LXi REIT to sell £210m Travelodge hotel portfolio
LXI REIT, a real estate investment trust incorporated in England and Wales, has responded to recent press speculation regarding the potential sale of 66 Travelodge hotels. The company...
Landsec sells £400m hotel portfolio to Ares
Landsec has sold its entire hotel portfolio to real estate funds managed by Ares Management alongside operating partner EQ Group for £400m. This compares to...
Hyatt to build Hyatt Centric hotels in Nashville,Memphis and Austin
Hyatt Hotels Corporation plans to build Hyatt Centric hotels in downtown Memphis, Tenn., downtown Nashville, Tenn., and downtown Austin, Texas. New Hyatt Centric hotels...
Hotels at Disneyland Paris sold for €240M
A joint venture led by UK-based private equity real estate fund manager Benson Elliot Real Estate Partners V, LP and Schroder Real Estate Hotels...
Caesars, VICI Properties sell Harrah’s Reno for $50m
Caesars Entertainment and VICI Properties have signed an agreement to sell Harrah’s Reno Hotel and Casino to an affiliate of CAI Investments for $50...
Capco to sell hotel development in Covent Garden for £76.5m
Capital & Counties Properties PLC (Capco) has exchanged contracts to sell the Wellington block, a freehold island site located on the south east corner...
Park Hotels & Resorts to sell two assets for $149m
Park Hotels & Resorts (Park) has agreed to sell two assets for combined gross proceeds of $149 million, or approximately $360,000 per key. The assets consist...
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...
