UK-focused hotel owner and manager Shiva Hotels Group has secured a £230 mln (€252 mln) development financing package from property finance firm Cale Street Investments and UK investment firm Crosstree Real Estate Partners to fund the construction of a luxury hotel in Marylebone, London.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
