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...
Lendlease, Mitsubishi Estate pay $800m for Sydney One Circular Quay project
Australian real estate group Lendlease and Japanese real estate developer Mitsubishi Estate Asia have formed a joint venture to acquire the One Circular Quay project...
Israeli hotel chain pays €165m for six hotels in Spain
Israeli hotel company Fattal Group has agreed to acquire six hotels in Spain from KKR and Dunas Capital for over €165 million.
Located in...
Blackstone acquires Crown Resorts, its largest investment to date in Asia
Blackstone has completed the acquisition of Crown Resorts for A$8.9 billion (US$6.2 billion).
Blackstone said the acquisition is 'its largest investment to date' in Asia...
Invesco Real Estate acquires three hotels for €100m
Invesco Real Estate has acquired three hotels in Spain and the Netherlands for €100 million.
The three properties are Holiday Inn Express The Hague, Hotel Occidental 1929 Barcelona and Vinnci...
Accor to sell 10.8% interest in Ennismore to Qatari consortium
Accor Tuesday said it is entering into exclusive negotiations to sell a 10.8% stake in Ennismore, the lifestyle hospitality company, to a Qatari consortium...
Frasers Property to take hospitality arm private
Frasers Property will take its Singapore-listed hospitality arm, Frasers Hospitality Trust, private in a deal valuing the REIT at S$1.35 billion ($970 million).
Frasers Property has...
