Amsterdam-based retail REIT Eurocommercial has announced the upcoming sale of the mixed-use building Les Trois Dauphins to Crédit Agricole Sud Rhône-Alpes and Deltager. This 17,000 sqm (...)
Following the arrival of Sami Mendil as Investment Director at the beginning of the year, CBRE continues to strengthen its hotel department and announces (...)
Accor and Ennismore have announced they are entering into exclusive negotiations “to form the world’s leading lifestyle operator in the hospitality sector, focusing on (...)
Fitch Ratings has downgraded Accor’s long-term issuer default rating (IDR) to BB+. The firm had already downgraded the French hospitality giant in March to (...)
A revenue in Q3 2020 came in at €329m, down by 68.7% as reported, and by 63.7% like-for-like due to the effects of the (...)
The current health and economic crisis have taken companies by surprise, disrupting work habits. With the forced home office and the unpredictable future, the (...)
According to BI sources, Reed Smith – a global law firm with over 80 lawyers in Paris - is strengthening its real estate practice (...)
Keys REIM, a subsidiary of the Keys Asset Management group, has launched a new investment vehicle dedicated to the serviced apartment sector. This fund, (...)
Coworking operator Wojo, a joint venture from French hospitality giant Accor and Bouygues, has announced the launch of its "Wojo for impact" programme, which (...)
Business Immo: How is it like for Wojo today? Stéphane Bensimon: We reopened all our services on our sites on Monday 11th May, even though they (...)
AhTop, the representative association of France’s professional hospitality and tourism stakeholders, has presented a plan to revive the hotel industry to the Interministerial Committee (...)
Paris-based hospitality giant Accor’s consolidated revenue totaled €768m for 1Q20, down 17% as reported and 15.8% like-for-like. As of 22 April, 62 % of (...)
Over two thirds of Accor branded hotels are likely to be closed in the coming weeks, the Paris-based hospitality giant announced yesterday, with more (...)
With the acquisition of Polish hotel group Orbis, 2019 was a very active year on the investment front for AccorInvest, the real estate division (...)
Paris-based global hotel operating giant Accor has completed the sale of the Polish group Orbis to its AccorInvest associate for €1.06bn, retaining only the (...)
Innovative styles of hotels are growing in popularity in Europe, with customers expecting accommodation plus co-working and other services linked by digital platforms, says (...)
Singapore’s sovereign wealth fund GIC has confirmed its purchase of the 60,000 sqm Paris La Défense PB6 tower, which BI sources in September said (...)
The hotel market in the Romanian capital of Bucharest offers significant potential for growth due to high occupancy and low prices, says specialist adviser (...)
The duo Pierre Mattei and Cyril Garreau has already set course .. for 2024. Their Paris-based Keys Asset Management, founded in 2011, has hit (...)
Singapore sovereign wealth fund GIC has acquired a 25% equity interest in Netherlands-based hotel developer and operator citizenM, valuing the hotel group at €2bn. The investment makes GIC the third (...)
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