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...
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...
S Immo pays €168m for Czech property portfolio
Vienna-based real estate investment company S Immo has expanded its portfolio with the acquisition of three office buildings and a hotel in the Czech...
H.I.G. Realty establishes Mediterranean resort platform under luxury brand
H.I.G. Capital's affiliates have combined their hotel assets to create a resort platform in Southern Europe under the Ella Hotels & Resorts (Ella).
Ella is...
Covivio and AccorInvest seal deal for hotel ownership consolidation
Covivio has announced the signing of a memorandum of understanding with AccorInvest to consolidate ownership of jointly owned hotel operating and property companies.
This...
KKR and Baupost acquire UK hotel portfolio from ADIA
KKR and The Baupost Group have formed a joint venture to purchase a portfolio of 33 Marriott International hotels across the UK from a...
Consortium submits €1.3bn all-cash proposal for Dalata Hotel
A consortium comprising Pandox AB and Eiendomsspar AS has submitted a non-binding all-cash proposal to acquire Dalata Hotel Group plc, Ireland’s largest hotel operator,...
LondonMetric buys £51m airport assets and sells £22m logistics properties
LondonMetric Property Plc has expanded its portfolio with the acquisition of two long-income assets valued at £51.1 million, while also completing £22.1 million of...
Morgan Stanley, QuinSpark sell Paris hotel to Batipart Europe consortium
An investment fund managed by Morgan Stanley Real Estate Investing (MSREI), alongside partner QuinSpark Investment Partners, has agreed to sell the Pullman Paris Tour...
Plans submitted for Arada London’s co-living and hotel scheme
Arada London, in collaboration with The Salvation Army UK and Ireland Territory, has submitted planning proposals for PLP Architecture’s designs for 101 Newington Causeway...
Oakwood to open hotel in Melbourne
Global serviced apartment operator Oakwood, a wholly owned subsidiary of Singapore's Mapletree Investments, will open its second Oakwood Hotel & Apartments in Australia.
According to...
