Singapore PE firm buys prime hotel in London

Singapore-based private equity real estate firm Prima Asset Management has acquired a rare freehold hotel in Paddington, London. In partnership with Capilon Group, a specialist hotel operator and...
JLL appoints Gilda Perez-Alvarado as global CEO, hotels & hospitality

JLL appoints Gilda Perez-Alvarado as global CEO, hotels & hospitality

JLL has appointed Gilda Perez-Alvarado as global CEO of its Hotels & Hospitality Group. Gilda Perez-Alvarado will succeed Mark Wynne-Smith, who will continue as...
Accor agrees €975m deal to sell Essendi stake to Blackstone-led consortium

Accor signs MoU to sell Essendi stake for up to €975m

Accor has signed a memorandum of understanding with a consortium led by Blackstone and Colony Investment Management for the sale of its 30.56% stake...
Kennedy Wilson completes $178M of UK asset sales

Kennedy Wilson completes $178M of UK asset sales

Global real estate investment company Kennedy Wilson has completed the sale of two wholly owned U.K. properties, including the Fairmont St Andrews resort in Scotland and...
HIH Invest divests hotel near Munich

HIH Invest divests hotel near Munich

HIH Invest Real Estate GmbH (HIH Invest) has sold a hotel located at Bahnhofstraße 2-4 in Aschheim to a fund managed by French investment...
Oakwood apartment servicer

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...
In a massive display of confidence in the UK’s high-end real estate sector, the newly established Evolution Investment Fund has announced its debut into the British market with the acquisition of two landmark luxury hospitality assets in Mayfair.

Evolution Investment Fund invests £1.1bn in two Mayfair hotel assets

In a massive display of confidence in the UK’s high-end real estate sector, the newly established Evolution Investment Fund has announced its debut into...
Leonardo Hotels acquires Zien Group with 12 hotels in The Netherlands

Leonardo Hotels acquires Zien Group with 12 hotels in The Netherlands

Fattal Hotel Group's European arm Leonardo Hotels has agreed to acquire the Zien Group and its 12 hotels in the Netherlands from affiliates of...
Dalata snaps up London hotel for £53.4m

Dalata snaps up London hotel for £53.4m

Ireland-based hotel operator Dalata Hotel Group has agreed to acquire the long leasehold interest of the Apex Hotel London Wall for £53.4 million (€62.2...
Park Hotels announces sale of Le Meridien New Orleans

Park Hotels announces sale of Le Meridien New Orleans

Park Hotels & Resorts Inc. announced that it has closed on the sale of the 410-room Le Meridien New Orleans located in New Orleans, LA,...
USAA Real Estate sells luxury resort in San Antonio

USAA Real Estate sells luxury resort in San Antonio

USAA Real Estate has sold La Cantera Resort & Spa to affiliates of Ohana Real Estate Investors in San Antonio.  The Resort has been...
Azora expands European hospitality portfolio with Medplaya acquisition

Azora expands European hospitality portfolio with Medplaya acquisition

Azora has completed the acquisition of Medplaya Hotels S.L., one of Spain’s leading hotel operators, through its Azora European Hotel & Lodging F.C.R. (AEHL)...

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