Charter Hall Group and Charter Hall Retail REIT buy 14.8% shares in Hotel Property Investments
SYDNEY, AUSTRALIA: In a joint announcement today, Charter Hall Group (ASX: CHC) and Charter Hall Retail REIT (ASX: CQR) revealed their equally funded joint venture...
SEK 3.9bn divestment of Grand Group and the Grand Hôtel property
STOCKHOLM: Investor AB’s Patricia Industries and its subsidiary Vectura, have agreed to divest Grand Group and the Grand Hôtel property, respectively, to FAM AB. The...
Glenveagh Properties completes Dublin Docklands Hotel Forward Fund
LONDON, UK: Glenveagh Properties PLC announced the Germany-based Union Investment, one of Europe’s leading real estate investment managers, has acquired the planned 262-bedroom Premier Inn...
LondonMetric Property streamlines portfolio with strategic sales and acquisitions
LONDON: LondonMetric Property Plc has successfully divested seven properties for a total of £31.3 million, achieving a 7.0% net initial yield (NIY) and securing a...
Safestay Plc has bought Hotel Lineros in a €2 million
LONDON: Safestay Plc (AIM: SSTY), the owner and operator of an international brand of contemporary hostels, announced the acquisition of the Hotel Lineros from Mr....
Hotel101 Global to merge with JVSPAC Acquisition Corp, and list on NASDAQ
Hotel101 Global Pte. Ltd., a subsidiary of the Philippine-based DoubleDragon Corporation, has announced a definitive merger with JVSPAC Acquisition Corporation. This strategic alliance is set...
CL Hotels acquires Circa 39 Hotel in Miami Beach, plans major renovation and rebranding
CL Hotels, a sponsor of hospitality investments in the U.S., has announced the acquisition of Circa 39 Hotel, a 97-room boutique property in the Mid-Beach...
Goodman Property Trust to internalise management, launch funds platform
Goodman Property Trust (GMT), a leading owner of Auckland logistics property, has announced a proposal to internalise its management and establish a property funds management...
BT Group sells BT Tower to MCR Hotels for £275 million
LONDON, UK: BT Group has agreed to the sale of the BT Tower for £275 million to MCR Hotels, who plan to preserve BT Tower...
Aldar Properties announces new projects worth AED 5 billion to boost recurring income
Abu Dhabi, UAE: Aldar Properties, the leading real estate developer, manager, and investor in Abu Dhabi, has announced a development pipeline of new projects worth...
MA Financial buys Melbourne hotel for $96m, launches new fund
SYDNEY, AUSTRALIA: MA Financial Group, a global alternative asset manager, has purchased a large-scale hotel in Melbourne for $96 million, marking the launch of its...
PPHE receives consent from Westminster City Council to develop a new hotel in London
LONDON, UK: PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, has received planning consent from Westminster...