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Hospitality 15/03/2018

MIPIM BLOG Day 2: Still plenty of life in Old Europe, Mipim Proptech in view

Live from Mipim (Cannes) - Day Two-Wednesday: It is clear that plenty of opportunities are open to real estate investors in Old Europe, perhaps however no (...)

Hospitality 13/03/2018

MIPIM BLOG Day 1: Sun still shining on European real estate but rain (caution) enters forecasts

Live from MIPIM (Cannes) - First impressions from the sunshine of Cannes: still plenty of optimism around real estate value in Europe though now it comes (...)

Hospitality 07/03/2018

Deal speed, returns helped win China's CITIC unit CLSA - Avignon's Flaton

Speed of execution, ability to close core-plus and value-added deals, good returns were the keys for Avignon Capital to win China's CITIC Securities unit CLSA as a client for its (...)

Hospitality 07/03/2018

BNP Paribas REIM adds €3.3bn in 2017 to reach €27.4bn in managed assets

Paris-based BNP Paribas Real Estate Investment Management added €3.3bn in assets in 2017 to reach €27.4bn in AUM, split between €1.7bn in cash inflows to its (...)

Hospitality 07/03/2018

China's CITIC unit CLSA enters European RE with London's Avignon Capital

CLSA, the Hong Kong-based international platform of China's largest investment bank CITIC Securities, is entering European property in a partnership with London investment management boutique Avignon (...)

Hospitality 06/03/2018

Full hotel pipelines mean Europe looks to further market growth

The European hotel market is on track for growth thanks to a rise in tourist demand last year, says Hamburg-based adviser Engel & Völkers, with (...)

Hospitality 05/03/2018

Blockchain: talk of the town in Cannes at MIPIM 2018 ?

The imminent arrival of blockchain to the real estate industry will 'disrupt' in the full sense, shortening deal times to, perhaps, 24 hours from (...)

Hospitality 02/03/2018

Marian Herman takes over as CEO at Slovakia-based HB Reavis

Slovakia-based, European developer and investor HB Reavis has appointed Marian Herman as new chief executive in a planned succession to Pavel Trenka who completes an agreed term of (...)

Hospitality 02/03/2018

One of Frankfurt's 'eyesores' finally bought for redevelopment - in 2022

One of Frankfurt's property 'eyesores' has finally been bought for redevelopment - the old police presidium, well known by thousands of trade fair visitors (...)

Hospitality 02/03/2018

Finnish property returns rise to 6.6%; hotels top asset types - KTI

Finnish property investments delivered a total return of 6.6% in 2017, up from 6.2% in 2016, though income return continued to fall, says the KTI research (...)

Hospitality 28/02/2018

UK's Whitbread buy of 19 German hotels for Premier Inn said at €280m

British largest hospitality group Whitbread is acquiring 19 German hotels - some still in development - from Berlin developer Foremost Hospitality which it aims to rebrand (...)

Hospitality 28/02/2018

French Accor agrees to sell 55% stake in hotel investment unit for €4.4bn

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. (...)

Hospitality 27/02/2018

Management fees hit Spanish Hispania 2017 net as it completes investment

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 (...)

Hospitality 19/02/2018

German Patrizia, reporting 14% operating rise in 2017, sees faster growth this year

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 (...)

Hospitality 15/02/2018

French Foncière des Régions boosts 2017 net 10% to €391m, sees favourable 2018

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 (...)

Hospitality 13/02/2018

After €550m Paris Westin buy, Henderson Park eyes more across Europe

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 (...)

Hospitality 08/02/2018

Spanish REIT Hispania, eyeing merger, makes offer to Bay Hotel shareholders

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 (...)

Hospitality 02/02/2018

French 2017 CRE investment slips to €26bn, 2018 to hold steady - C&W

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 (...)

Hospitality 29/01/2018

German TLG in spotlight as major shareholders assess new 23% investor

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 (...)

Hospitality 24/01/2018

Despite Brexit worries, London tops 2017 CRE investment for global cities - JLL

Despite Brexit concerns, London topped the global city league tables for commercial real estate investment last year, while Los Angeles moved into second place, (...)