Tag: hotel industry
Ennismore, Cain enter partnership for Delano
Cain International, the privately held investment firm, and Ennismore, the lifestyle hospitality company and joint venture with Accor, which holds a majority shareholding, have...
Peakside buys luxury hotel in Frankfurt
Peakside Capital Advisors (Peakside) has acquired the luxury hotel Hessischer Hof and an adjacent office property in Frankfurt from the Hessische Hausstiftung.
The properties will...
Singapore’s GIC invests in Mediterranean resort group Sani/Ikos
Singapore’s sovereign wealth fund GIC is acquiring a majority stake in Sani/Ikos Group (SIG), a luxury beach resort group in the Mediterranean.
The transaction values...
Chinese firm acquires Fernie Castle Hotel in Scotland
Chinese real estate company MDJM's wholly owned subsidiary in the United Kingdom, MD Local Global Limited (MD UK), has agreed to acquire Fernie Castle Hotel,...
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...
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...
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...
Brookfield to buy Watermark Lodging Trust for $3.8bn
Brookfield Asset Management is acquiring Watermark Lodging Trust, a self-managed non-traded real estate investment trust(REIT) with a portfolio of lodging assets, for $3.8 billion.
Watermark Lodging...
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...
CDL to sell Seoul hotel for KRW 1.1 trillion
Singapore-listed City Developments Limited (CDL) is divesting the Millennium Hilton Seoul hotel to Korean real estate investment manager IGIS Asset Management.
City Developments Limited said Monday...
