Middle Eastern investor Capital Hill Hotels is acquiring two London hotels for £192 mln (EUR 220 mln). The vendor of the Sanderson and St Martins Lane hotels is Morgans Hotel Group (MHG), the operator and 50% owner of the London joint venture that owns the two hotels.
German-listed real estate company Branicks Group has sold a retail property in Bremen city centre to municipal urban developer Brestadt for €37.2 mln.
