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Hospitality news

Vinci Immobilier sells hotel part of To-Lyon tower

French developer Vinci Immobilier, in partnership with Paris-based developer Europequipements, has sold to Hôtel Athena Part-Dieu a 4-star hotel located in the base of (...)

Schroders raises €305m for its first pan-European hotel fund

UK-based investment manager Schroders has announced the initial closing of its first hotel fund, Schroder European Operating Hotels Fund I, with €305m of equity (...)

French Zaka and Evok invest €65m to develop a 5-star hotel in Madrid

In a first foray outside of France, private investing firm Zaka Investments and hotel operator Evok Hotels Collection have purchased No. 20 Gran Via (...)

Union Investment’s transactions totaled €3.6bn in 2019

Union Investment expanded its transaction business in the European property markets in 2019 to approximately €3.66bn, compared to €3bn the year before. In total, (...)

[BEST OF 2019] France’s top investment deals of the year

Best of 2019, episode 1 - After reaching a record level in 2018, commercial real estate continued to whet investors' appetite in 2019, as (...)

French Covivio acquires a pan-European hotel portfolio for €620m

Paris-based REIT/SIIC Covivio has signed an agreement to acquire, through its Covivio Hotels unit, a pan-European portfolio of eight hotels for €573m (including works), (...)

Paris-based Accor sells Polish Orbis hotels to AccorInvest for €1bn

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 (...)