British largest hospitality group Whitbread is acquiring 19 German hotels - some still in development - from Berlin developer Foremost Hospitality which it aims to rebrand (...)
Giant Paris-based AccorHotels has agreed to sell 55% in its AccorInvest investment unit to institutions including Saudi Arabia's Public Investment Fund, Singapore's GIC, France's Credit Agricole Assurances and Amundi, and Colony NorthStar. (...)
The inclusion of managment fees cut Spanish hotel-focused REIT/SOCIMI Hispania 2017 after-tax profit to €249m from €359m in 2016. Excluding these, net came in at (...)
Fast-growing German listed property group Patrizia reported a preliminary 14% rise in operating income last year to €87m, and said it expects growth of (...)
Diversified French REIT/SIIC Foncière des Régions last year raised net recurring income by 10% to €391m, and will propose a 2.3% dividend increase to (...)
Following its €550m acquisition of the Westin Paris-Vendome last year, its second luxury Paris hotel buy, private equity firm Henderson Park is looking for more across (...)
Following its move last year to become the sole owner of Spanish resort group Bay Hotels, Madrid REIT/SOCIMI Hispania is considering a merger or a de-listing (...)
French commercial real estate investment slipped last year by 3% from 2016 to €26.1bn, but was still nearly 40% above the 10-year average and (...)
German listed TLG, managing €2.4bn in commercial real estate, is in the spotlight this week after investor Amir Dayan said he potentially controls 23% of (...)
Despite Brexit concerns, London topped the global city league tables for commercial real estate investment last year, while Los Angeles moved into second place, (...)
Deka Immobilien, the property investment arm of the German savings bank system, boosted assets by €2.2bn last year to €34.3bn, transacting €5.9bn in total, (...)
More than half of all global investors plan to raise real estate exposure in the next 24 months, targeting a median 10.2% allocation, says (...)
Adora Svitak, a young American writer and lecturer, will speak at the MIPIM opening conference on 13 March, challenging property professionals on tomorrow’s cities and urging (...)
German BayernLB's real estate fund manager Real I. S. has launched a special investment fund for three German pension funds, and acquired the fully-let (...)
A strong UK market and a near record in Germany last year boosted commercial real estate investment in all of Europe by 9.3% to (...)
Unlike yields in some of western Europe, those in core central and east European property markets - Poland, Czech Republic, Slovakia, Romania and Hungary (...)
Investment in property in Austria hit a record €4.8bn last year, says adviser CBRE, easily beating the prior €3.9bn peak in 2015. Over half (...)
Real estate investment in Spain last year rose 45% to again set a record at €14bn, according to adviser JLL. Retail and hotels were (...)
Union Investment, part of the German public sector Volks- and Raiffeisenbank group, last year boosted managed real estate to €34.5bn from €31.8bn in 2016. (...)
The Spanish-based NH Hotel Group has rejected an unsolicited €2.5bn takeover bid from resort hotel group Barcelo, saying it would not create shareholder value (...)
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