Aina Hospitality, a private equity firm focused on upper-end hotels in major European cities, has sold the Pullman Hotel in the Dutch city of Eindhoven to an unnamed local investor for €58 mln.
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UK REIT GCP said this week that it has failed to meet the conditions of a special purpose agreement to acquire Scape Mile End Canalside in London, bringing an end to its exclusivity period to acquire the development.
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More than half of hotel investors have stopped seeking deal opportunities because of the coronavirus crisis, new research shows.
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Luxembourg fund manager AviaRent has acquired a portfolio of twelve nursing homes and assisted living properties in Germany for €185 mln.
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UK regeneration specialist U+I has exchanged on the sale of its holding in Harwell Campus, a major science and technology campus in Oxfordshire, UK, to Brookfield Capital Partners’ Strategic Real Estate Partners III (BSREP III).
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Intermediate Capital Group (ICG) has loaned £25 mln (€28 mln) to IT infrastructure firm Proximity Data Centres, which is developing 18 data centres in the UK.
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UK-listed Impact Healthcare said today it was deferring the announcement of its 2019 preliminary results in line with regulator guidance.
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Student housing giant Unite said on Wednesday that it will not charge rent for students who do not stay in their accommodation for the remainder of the 2019-20 academic year, effectively assuming costs estimated at between £90 mln and £125 mln.
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Europe's hotel industry could have an important role to play in the management of the Covid-19 crisis, according to a new briefing note from Marie Hickey, commercial research director at Savills.
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Belgian student Housing REIT Xior has entered Granada, Spain, with the purchase of the Loyola student residence for €37 mln, reflecting an expected gross return of 7%.
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LGIM Real Assets (Legal & General) has hired James Spencer-Jones from Cushman & Wakefield as its new head of Real Estate Debt, Europe, and established a new Private Credit Leadership Team as it looks to continue and grow its private credit business for the future.
