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...
Union Investment makes first acquisition in Scandinavian hotel market
Union Investment has entered the Scandinavian hotel market with the acquisition of planned 25hours Hotel Paper Island in Copenhagen. The property is part of the...
Mandarin Oriental sells Washington DC hotel to Handerson Park for $139m
Mandarin Oriental International has agreed to sell its Washington D.C. hotel to Henderson Park, a private equity real estate manager headquartered in London. On...
Real IS acquires two hotels in Stuttgart
Real I.S. AG has purchased two hotels of the Hampton by Hilton and Premier Inn brands in Stuttgart, Germany. Within the frame of...
