ICG, Pro-invest form UK hospitality joint venture
Intermediate Capital Group's real estate arm ICG Real Estate and Pro-invest Group, an investor in hotels and commercial property assets, have formed a joint...
Singapore’s GIC invests in Mediterranean resort group Sani/Ikos
Singapore’s sovereign wealth fund GIC is acquiring a majority stake in Sani/Ikos Group (SIG), a luxury beach resort group in the Mediterranean. The transaction values...
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...
Chinese firm acquires Fernie Castle Hotel in Scotland
Chinese real estate company MDJM's wholly owned subsidiary in the United Kingdom, MD Local Global Limited (MD UK), has agreed to acquire Fernie Castle Hotel,...
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...
CPP Investments, Hamilton Pyramid Europe form European hospitality JV
Canada Pension Plan Investment Board (CPP Investments) and Hamilton -Pyramid Europe (Hamilton) have established a new joint venture (JV) focused on the European hospitality...
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...
Cain, Saudi Arabia’s PIF invest $900m in luxury hotel group Aman
Cain International and Saudi Arabia's sovereign wealth fund The Public Investment Fund (PIF) have invested a $900 million in Aman Group to support the...
Ascott Residence Trust to acquire nine serviced residences in five countries
Ascott Residence Trust (ART) has proposed to acquire nine serviced residences, rental housing and student accommodation properties across five countries from its sponsor, The...
Azora enters Greek market with resort hotel acquisition
Madrid-based European real estate investment manager Azora has acquired the Sheraton Rhodes Resort, a 5-star hotel in the island of Rhodes, Greece on behalf...
