Holiday Inn
IHG
ATP acquires 4-star hotel in Munich
Denmark’s largest pension fund ATP and an unnamed Dutch institutional investor represented by CBRE GIP have acquired the Hotel Holiday Inn Munich City Center for €187.5m from Invesco Real Estate. Read more
Motel One GmbH
Invesco Real Estate to grow new hotel fund to more than €1b within next two years
Invesco Real Estate plans on growing its newly-established European Hotel Fund, to a €1b plus fund within the next 18 to 24 months, Marc Socker, managing director, hotel fund management at Invesco Real Estate, told REFIRE this month. Read more
Real I.S.
Real I.S. snaps up first office for Themenfonds Deutschland II fund
German fund manager Real I.S. has snapped up its first property for its Themenfonds Deutschland II fund - an office and retail scheme in Munich with a hotel component - for €190m. Read more
Jones Lang LaSalle
Record number of hotel sales in 1Q
In the first quarter of 2017, €1.1b of hotel deals were transacted in Germany, up 50% on the same quarter a year earlier, thereby hitting a new high, according to Stefan Giesemann, senior vice president of the Hotels & Hospitality Group at JLL in... Read more
© Robert Kneschke - Fotolia.com
German hotel investment market surges to new record
It's still all green lights in the German hotel investment market. Following on from last year, new records are being broken as the first half of this year saw transaction volume of nearly €2 billion, a record for a six-month period and 35% up on... Read more
© Win Nondakowit - Fotolia.com
€936m hotel investment by France's FDM Management in two portfolios
France's FDM Management, the recently-created dedicated hotel joint venture of REIT/SIIC Foncière des Régions and a group of institutional investors, has managed to secure two hotel portfolios in Germany, France and Belgium for an investment of... Read more