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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Firethorn Trust, the UK property company co-founded by Peter Mather, former Tristan Capital MD of UK and European investments, has made a key hire.
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Research from Lambert Smith Hampton (LSH) suggests £11.1 bn (€13.2 bn) of UK property assets changed hands during Q2, up 11% on Q1 and the strongest quarter since Q3 of 2023, though still 8% down on the 5-year average.
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Cheyne Capital has agreed to finance the creation of a purpose built student accommodation (PBSA) block in Wembley, north west London.
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A major new deal in the real estate fund administration industry has been signed as Schroders Capital outsources fund accounting and administration services on around £11 bn (€13 bn) of real estate assets.
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Jens Böhnlein is leaving the real assets subsidiary of Commerzbank at the end of September to take up a new challenge, it has been revealed.
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Global real estate advisor, CBRE, has appointed Anna Esteban as MD of Advisory and Transaction Services (A&T) for Europe, a division that has more than 2,500 employees working with 30,000 clients including hundreds of occupiers and all the major real estate owners.
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Barcelona-based firm Meridia Capital has been explaining its approach to value creation across select asset classes even including “glamping” in its target markets of Spain and Portugal.
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PropertyEU has visited Malaga and Madrid, two Spanish cities seemingly in the ascendency in Europe as we continue the magazine’s City Focus series.
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Swedish real estate company, K2A Knaust & Andersson Fastigheter, has created a JV to hold all of student housing assets outside Stockholm with the proceeds used to pay down debt and strengthen the balance sheet.
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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.
