Business Immo, the real estate website

Hospitality

Hospitality 01/07/2021

With the acquisition of Primonial, Altarea accelerates the deployment of its model

It's a bombshell in the real estate world. By announcing the acquisition of Primonial and its €30bn of real estate assets under management, Altarea (...)

Hospitality 30/06/2021

Altarea enters negotiations to become a majority shareholder in Primonial

Altarea has entered into exclusive negotiations with the shareholders (Bridgepoint, Latour Capital, Société Générale Assurances) and management of the Primonial group to acquire 60% of its capital (...)

Hospitality 29/06/2021

Atream acquires the Zaandam Hotel in the north of Amsterdam

Atream, an independent management company specialising in the management of real estate and private equity funds, announces that it has acquired the premises of (...)

Hospitality 22/06/2021

After Madrid, Zaka Investments, Evok, Inter Invest Capital and Eternam join forces again in Rome

Zaka Investments, through its hospitality subsidary Evok , has welcomed Eternam and Inter Invest Capital to the capital of its Italian subsidiary, as part of (...)

Hospitality 18/06/2021

"European real assets have a roadmap for recovery, but we are not out of the woods yet"

BiTV Interviews welcomes Justin Curlow, Global Head of Research & Strategy at AXA IM Alts. With him we are discussing the roadmap to recovery of the European real (...)

Hospitality 17/06/2021

Munich’s Expo Real to be held as a face-to-face event from 11 to 13 October 2021

After the Bavarian State Chancellery stated that trade shows will be allowed in Bavaria starting 1 September, organiser Messe München announced that Expo Real (...)

Hospitality 16/06/2021

In May, Europe's hospitality sector is finally enjoying a rebound - Extendam

Handicapped all winter by the Covid-19 pandemic, hoteliers took advantage of the easing of health restrictions and the intensification of vaccination campaigns to finally (...)

Hospitality 15/06/2021

Extendam, Bpifrance, and Solanet buy the hotel management company SCSP

This is the largest hotel private equity transaction of the year in France. Extendam, Bpifrance, and Solanet Gestion Hôtelière have bought SCSP, a family-owned (...)

Hospitality 15/06/2021

France still has the lion's share of the finalists at the 2021 Mipim Awards

The finalists of the Mipim Awards 2021 revealed. The 13 members of the jury selected 50 projects from 21 countries for the final of (...)

Hospitality 14/06/2021

Christie & Co closes the sale of a 9-asset French hotel portfolio

Christie & Co's Rennes office has finalised the sale of a portfolio of nine 2 and 3 star hotels under major brands, located in (...)

Hospitality 04/06/2021

How Edgar Suites will change its business model

Taking the best of the hotel and the private flat rental business, and putting it all together in an urban suite concept. This was (...)

Hospitality 04/06/2021

Why Canadian Avison Young is buying French Cassian

This week, BiTV welcomes Mark Rose who is Chairman and CEO of Avison Young.  He explains why the group has made the acquisition of Cassian — a (...)

Hospitality 28/05/2021

“We will see more risk taking in Europe to take advantage of the economic recovery”

BiTV Interviews welcomes José Pellicer, Head of Investment Strategy at M&G Real Estate. With him, we discuss M&G’s recent Global Real Estate Outlook report, which indicates that the (...)

Hospitality 27/05/2021

Paris is Europe's leading commercial property investment market in Q1 2021 - JLL

In the first quarter of 2021, the volume of investment in commercial property worldwide reached $187bn, according to JLL, down 13% year-on-year. In terms (...)

Hospitality 26/05/2021

Extendam expands its hotel portfolio in Germany and the Netherlands

Extendam, a Paris-based investment manager acting on the hospitality sector, has invested in the premises and commercial properties of three establishments positioned in the economy (...)

Hospitality 20/05/2021

Accor to sponsor a corporate €300m SPAC

Accor has announced its intention, subject to market conditions, to sponsor a Corporate Special Purpose Acquisition Company (SPAC), the Accor Acquisition Company (AAC), to (...)

Hospitality 17/05/2021

French hotel industry in decline in April 2021, but preparing for recovery - Extendam

It was to be expected. The containment measures adopted by the government to contain the third wave of the pandemic have weighed heavily on (...)

Hospitality 12/05/2021

“With a reduced competition, Covid-19 pandemic has increased opportunities”

Business Immo: How has the pandemic changed your business and your relationship with international investors? Didier Unglik: As a pan-European Investment Manager, with c. €7bn (...)

Hospitality 11/05/2021

The Accor group, soon to be a service "platform"?

The world's sixth largest hotel group is banking on flex-office and services. After publishing a halved turnover in the first quarter of 2021, the (...)

Hospitality 10/05/2021

Edgar Suites raises over €100m from BC Partners Real Estate

Edgar Suites has announced a €104m capital increase from BC Partners Real Estate, a French private equity and real estate investing firm, with the (...)