Greek real estate investor Premia Properties has acquired a Greek hotel portfolio from Swedish travel operator Nordic Leisure Travel Group (NLTG) for €112.5 mln.
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The brand new 25hours hotel Paper Island in Copenhagen has been completed and transferred to Union Investment’s holdings.
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Leonardo Hotels has completed its 40th hotel acquisition in Europe in just two years, according to the firm, marking a significant milestone in its ambitious expansion strategy.
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Pure DC, which develops and operates data centres for hyperscale clients, has acquired a 190,000 ft2 (17,650 m2) plot of land in Madrid from ActivumSG fund VI for €11 mln.
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Stoneweg, the real estate investment company, and Bain Capital, the global private equity firm, through their hotel real estate joint venture, have sold the Casa Lit Barcelona hotel to Grupo Hoteles Gargallo.
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Specialist business property broker, Christie & Co, is marketing a portfolio of three hotels totaling 277 rooms in the Emilia-Romagna region of northern Italy.
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Italian open-air hospitality leader Human Company has joined forces with Hines and Italian private equity firm Clessidra to establish a new open air hospitality company.
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With global supply of new hotel assets expected to be just 2.4% over the next few years due to issues such as higher construction costs, JLL says hotel operators are finding a speedier route to ‘net unit growth’.
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PGIM Real Estate has sold an open-air hospitality portfolio of premium resort-style camp sites in Veneto and Tuscany Italy to Sandaya, one of the leading campsite operator in Europe.
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Criterion Capital, real estate owner and platform operator, has acquired a former Debenhams department store at 109-112 Princes Street in Edinburgh to open its first Zedwell hotel in Scotland.
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Office property transactions made a gradual recovery over the summer, with PropertyEU tracking nearly 30 deals in July and August.
