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Hospitality news

Macron drops support for Europacity retail/leisure megaproject north of Paris

French President Emmanuel Macron has dropped support for the Europacity megacomplex of leisure and shopping facilities north of Paris, which he now considers outdated. Confirming information from (...)

French Gecina finalises €181m hotel sale with Angelo Gordon, EQ Group

Paris-based REIT/SIIC Gecina has finalised the sale of a French hotel portfolio to Angelo Gordon and the EQ Group, based on a valuation of (...)

China's Huazhu group in €700m takeover of Germany's Steigenberger Hotels

In a further sign of strong demand from Asia for European real estate, the Chinese hotel group Huazhu is paying around €700m to take over Germany's Steigenberger Hotels. A (...)

Commerz holds fast buying pace with €162m S-L for Düsseldorf's Hotel Maritim

Commerzbank's property unit Commerz Real is maintaining its fast pace of acquisitions, paying €162m in a sale-leaseback for Hotel Maritim in Düsseldorf's Airport City.  The purchase, involving (...)

Sweden's Pandox pays €83m for two hotels in Netherlands, Germany

Sweden's Pandox has paid €83m to acquire two hotel properties - in the Dutch city of The Hague and Germany's Hannover - with a combined total (...)

ActivumSG appoints Spanish hotels’ head to grow €500m portfolio

Jersey-based ActivumSG has named Luis Miguel Martín as MD charged with growing its Spanish hotel portfolio beyond its five initial investments valued at around (...)