News

HVS Hodges Ward Elliott is pleased to have successfully arranged the sale of the 266-room, five-star Zurich Marriott Hotel in Switzerland to Pictet Alternative Advisors, on behalf of

French asset manager Petra AM, on behalf of sovereign wealth fund Abu Dhabi Investment Authority (ADIA), has acquired the four-star, 162-room citizenM Roma Isola Tiberina in Italy, for an

Dubai-based real estate investment firm Select Group has acquired three Delta-branded hotels (380 rooms) in the UK from New-York based global investment company KKR and Boston-based investment manager Baupost Group. The

Global investment manager Invesco Real Estate, together with SPREA (Spanish bank Santander’s private-banking real estate investment division), has acquired the five-star, 137-room Radisson Collection Hotel, Gran Via Bilbao in northern Spain, for an amount reported to be €42 million (€306,600 per room).

French real estate investor Covivio, through its subsidiary Covivio Hotels, has acquired a portfolio of four, 4-star hotels (c. 900 rooms) in Milan, Italy, through a sale and leaseback transaction from Italian owner-operator Invest Hospitality, for €217 million (c. €241,000 per room).

British, Manchester-based real estate investment company MCR Property Group has acquired a portfolio of four hotels (87 rooms) in London, UK, for £123 million (£1.4 million per room).

Luxembourg-based investment firm Batipart Europe, on behalf of a consortium of investors, has acquired the four-star, 435-room Pullman Paris Tour Eiffel in France from American investment bank Morgan Stanley and French owner-operator QuinSpark Investment Partners.

Kempinski Hotels has acquired the five-star, 101-room Augustine, a Luxury Collection Hotel Prague in the Czech Republic, in the group’s first hotel acquisition since 1970.

Leonardo Hotels, the European division of the Israeli owner-operator Fattal Hotel Group, has acquired the four-star, 272-room Hotel Saint in London, UK, from an affiliate of American private equity firm Cerberus Capital Management.

British real estate investment company CLI Dartriver, representing a family office, has acquired the five-star, 127-room Radisson Blu Hotel, London Leicester Square in the UK from US private equity fund Starwood Capital, for an amount reported to be around £120 million (£945,000 per room).

L Catterton Real Estate, the Paris-based real estate branch of the US private equity firm of the same name, in a joint venture with London-based real estate investment firm Cedar Capital Partners, has acquired two hotels in Europe.

Criterion Capital has acquired full ownership of the 732-room St Giles London Hotel from IGB Berhad for £220 million, consolidating its ownership of the Oxford Street and Tottenham Court Road site.

Criterion Capital has acquired full ownership of the 732-room St Giles London Hotel from IGB Berhad for £220 million, consolidating its ownership of the Oxford Street and Tottenham Court Road site.

LondonMetric Property has acquired nine Premier Inn hotels across southeast England from Whitbread in an £89 million sale-and-leaseback deal with 30-year CPI-linked leases.

RIU Hotels & Resorts acquires the 464-room Westminster Hotel, Curio Collection by Hilton, for £290 million, expanding its RIU Plaza city hotel portfolio in central London.

Singaporean investor City Developments Limited (CDL), through its wholly-owned subsidiary Copthorne Hotel Holdings Limited, has acquired the four-star, 706-room Holiday Inn London Kensington High Street in the UK from Cola Holdings, the property investment vehicle of the Cola family, for £280 million (£396,600 per room).

The German Civil Service Association has acquired the four-star, 169-room Park Plaza Wallstreet Berlin Mitte in Germany, from German Union Investment.

German hostel owner-operator A&O Hostels has acquired the former four-star, 378-room DoubleTree by Hilton London - Docklands Riverside in the UK. The property is situated in London’s Southwark borough by the River Thames, opposite Canary Wharf.