Park Hotels to acquire Chesapeake Lodging Trust in a $2.7b deal
Park Hotels & Resorts Inc. has signed a merger agreement with Chesapeake Lodging Trust to acquire all the outstanding shares of Chesapeake in a...
Union Investment disposes of prime Stuttgart hotel asset
Union Investment has sold the Le Méridien hotel at Willy-Brandt-Strasse 30 in Stuttgart at a profit.
The buyer is a joint venture of HWS...
Singapore’s CDL snaps up Paris hotel for €240m
Singapore-listed global real estate company City Developments Limited (CDL) has acquired the Hilton Paris Opéra hotel from funds managed by Blackstone for €240 million.
CDL...
Värde Partners to sell luxury hotel portfolio to Covivio
Värde Partners, a global alternative investment firm, has agreed to sell a portfolio of eight luxury hotels operating under The Dedica Anthology brand to...
LXi seals contract for £210m sale of 66 Travelodge hotels
LXi REIT has exchanged contracts unconditionally on the sale of 66 Travelodge branded hotels to the Travelodge group for £210 million.
As announced on 22 November...
Xenia Hotels & Resorts to sell seven-hotel portfolio for $483m
Xenia Hotels & Resorts, Inc., a self-advised and self-administered REIT, owns 39 hotels comprising 11,245 rooms across 16 states in the U.S announced that...
Schroders Capital acquires Edinburgh hotel from Nuveen Real Estate
Schroders Capital has completed the acquisition of the 244-room W Edinburgh from Nuveen Real Estate, marking a significant addition to its growing portfolio of...
Dalata sells hotel in Dublin for €65m
Dalata Hotel Group plc (Dalata) has agreed the sale and leaseback of its Clayton Hotel Charlemont in Dublin, Ireland, to Deka Immobilien (Deka) for €65 million.
The Clayton...
The Standard, London sold to Trinity, Oaktree and Partners Group
Trinity Investments, in partnership with funds managed by Oaktree Capital Management and Partners Group (on behalf of its clients), has acquired The Standard, London,...
LaSalle buys central London hotel for £56m
LaSalle Investment Management has bought a central London hotel from abrdn for £56 million on behalf of a UK Custom Account client.
The modern, 291-bedroom...
DFI, CELLS Group acquire Berlin hotel for €116m
Deutsche Finance International (DFI) and CELLS Group have acquired the 32,000 sq m Sheraton Berlin Grand Hotel Esplanade from Archer Hotel Capital and Event...
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...
