Invesco acquires Bilbao hotel for Santander’s SPREA
Invesco Real Estate and SPREA, the real estate wealth division of Santander Private Banking, have acquired a five-star hotel in central Bilbao, marking the...
Hilton launches its new brand for business travelers
Hilton (NYSE: HLT) has launched its new meetings-and-events-focused brand Signia Hilton, including a minimum of 500 guest rooms and 75 square feet per key of...
Room Mate expands portfolio with 10 boutique hotels acquisition
Spanish lifestyle hotel platfom Room Mate Hotels has acquired Staying Valencia, a portfolio of boutique hotels and apart hotels in Valencia.
Room Mate Hotels was...
Pebblebrook Hotel Trust sells Hotel Palomar Washington
Pebblebrook Hotel Trust has sold the 335-room, Hotel Palomar Washington, DC for $141.5 million.
The sale price of $141.5 million reflects a 14.9x EBITDA multiple...
Commerz Real buys hotel in Kyoto, Japan for €200m
Commerz Real, a subsidiary of Commerzbank AG, has acquired a hotel, Onyado Nono in Kyoto, Japan for €200 million for its open-ended real estate...
King Street and Apollo back £348m refi for London hotel
King Street Capital Management and alternative lender Cohort Capital, have partnered with funds managed by Apollo to provide a £348 million senior loan facility...
Union Investment buys Barcelona hotel from Partners Group
Union Investment has acquired a hotel in Barcelona, Spain, from Partners Group, on behalf of its open-ended real estate fund Unilmmo: Europa.
The hotel opened...
Hilton corporate response to COVID-19
The novel coronavirus (COVID-19) has created unprecedented challenges for our industry, our hotels and our Team Members. Hilton Worldwide Holdings Inc. (NYSE: HLT) is...
London hotel industry delivers stability and growth despite cost pressures
Newmark has released its first-ever London Hotels Report, offering a comprehensive analysis of the capital’s hotel sector, underscoring its resilience, strong investment appeal, and...
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...
Crown Estate adds Piccadilly Regent Estate to London portfolio
The Crown Estate has completed the acquisition of the headlease of the Piccadilly Regent Estate, further expanding its presence in London's West End as...
PSP Swiss Property buys Geneva commercial property
PSP Swiss Property has acquired a commercial property in Geneva's "Quartier des Banques" for CHF 58 million in a sale and leaseback transaction.
The property...
