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Hospitality 09/05/2018

Schroders starts hotel investments with purchase of €1.8bn Algonquin group

London-based investment house Schroders has agreed to acquire specialist pan-European hotels group Algonquin, managing AUM of €1.8bn in a deal that kicks off its (...)

Retail 07/02/2018

French iconic Galeries Lafayette sells 22 regional stores for franchise operations

Iconic French department store chain Galeries Lafayette is to sell 22 regional stores to a private firm controlled by businessman Michel Ohayon, converting them into franchise operations. (...)