Tag: Europe hotel invstment
Davidson Kempner-led consortium buys Portuguese investment manager ECS
A consortium comprising Davidson Kempner Capital Management, Highgate and Kronos has completed the acquisition of Portuguese investment manager ECS Capital. Financial terms of the...
Union Investment enters resort hotel market
Hamburg-based real estate investment manager Union Investment has entered the resort hotel market by acquiring a Marriott Bonvoy Autograph Collection boutique hotel on Lake Tegernsee. Construction work...
CPP Investments, Hamilton Pyramid Europe form European hospitality JV
Canada Pension Plan Investment Board (CPP Investments) and Hamilton -Pyramid Europe (Hamilton) have established a new joint venture (JV) focused on the European hospitality...
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...
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...
Brookfield pays €175m for Madrid hotel
Brookfield Asset Management has purchased the Hotel Princesa Plaza complex, located at Calle Princesa, 40 in Madrid from Colony Capital for €175 million. The asset...
LaSalle launches €500m pan-European urban hotel investment strategy
LaSalle Investment Management has formed a strategic partnership with Numa Group, a European technology-driven alternative accommodation operator, to launch a €500m pan-European urban hotel...
Covivio signs MoU with B&B Hotels for 31 properties in France
Covivio, through its subsidiary Covivio Hotels, has signed a memorandum of understanding(MoU) with B&B HOTELS for the takeover and sale-lease of 31 hotel operating...
Hyatt, Hilton suspend development activities in Russia
Hyatt Hotels Corporation and Hilton Worldwide Holdings said they would suspend the development activities in Russia in response to the invasion of Ukraine. Hyatt has...
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...