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 City Council to develop a new hotel within the Park Plaza Victoria London property. Westminster City Council is the local authority for the City of Westminster in Greater London, England.…
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PPHE Hotel Group secures regulatory approval for European Hospitality Real Estate Fund
LONDON, UK: PPHE Hotel Group has announced that it has received the necessary regulatory approvals for its newly launched European Hospitality Real Estate Fund. The Fund allows the company to accelerate its strategy of identifying, acquiring, and developing hotel assets across key European markets. PPHE plans to participate in the Fund with an amount of…
PPHE Hotel Group provides business update
LONDON: PPHE Hotel Group, the international hospitality real estate group which develops, owns and operates hotels and resorts, announced the following update on the current operations across the Group and art’otel london hoxton development. Openings in Croatia have commenced with campsites to be followed by selected hotels in the course of June; Germany and Hungary…
PPHE to develop a new city centre hotel in Zagreb, Croatia
LONDON: PPHE Hotel Group has announced its plans to develop a new city centre hotel in Zagreb, Croatia, through its subsidiary Arena Hospitality Group d.d. PPHE Hotel Group is an international hospitality real estate company, with a £1.7 billion portfolio, valued as at summer of 2018 by Savills and Zagreb nekretnine Ltd (ZANE), of primarily…
PPHE acquires site in London to develop a hotel
LONDON: PPHE Hotel Group has acquired the freehold interest in a site located in London SE1 with a view to developing the site into a hotel, subject to planning permission being obtained. The site was acquired from a third party seller at a total investment of £12 million (excluding taxes and associated costs) funded from…