Hotels
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OnlineCheyne backs Saco aparthotel developments
Cheyne Capital has made its fourth funding partnership with Saco Property Group taking the total development funding provided to €250m (£220m).
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News
£108m Dublin hotel goes up for sale
Dublin hotel The Marker has gone up for sale by private treaty with a guide price of €125m (£108m).
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News
Queensgate appoints Morpeth as group MD
Queensgate Investments, the owner of hostel brand Generator, has appointed Iain Morpeth to the new role of group managing director.
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News
Crowne Plaza Kensington sold for £84.3m to Singaporean consortium
The Crowne Plaza in London Kensington has been sold for £84.3m to a Singaporean consortium.
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Online
Sydell Group to open first NoMad hotel outside of US in London
Sydell Group is to open its first NoMad hotel outside the US in London’s Covent Garden.
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Online
Alpha Real Capital acquires hotel ground rent portfolio
Alpha Real Capital has completed a ground rent transaction over a circa £1bn portfolio of three central London hotels on behalf of its Index Linked Income Fund.
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Online
Puma Property agrees £17.5m loan for Edinburgh hotel development
Puma Property Finance has executed a £17.5m loan used to fund the development of a new hotel at Edinburgh Airport.
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Online
M&G Real Estate forward funds Premier Inn in Milton Keynes
M G Real Estate has forward funded a Premier Inn hotel in Milton Keynes for £23.7m.
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Online
Grosvenor Square Marriott sale relaunched
The long leasehold interest in the Marriott hotel on Grosvenor Square has been relaunched to the market with a £180m guide price.
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News
Activity in hotel sector predicted to slow in 2019
Hotel deal activity in the UK will decrease by 10% to £6bn in 2019, according to a PwC report on the sector.
