All Hotels articles
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NewsR&F secures £770m funding rescue package for One Nine Elms
Chinese developer R&F has agreed a £770m financing deal that will allow it to complete its £1bn One Nine Elms development on London’s South Bank next year.
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Online
Edinburgh Council agrees hotel lease
The City of Edinburgh Council has agreed a 25-year lease with M&G Real Estate and its property development partner, Qmile Group, for a 349-bed Hyatt Centric hotel at Haymarket Edinburgh.
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News
Edinburgh Supercity Aparthotel plans revealed
Serviced apartment provider Supercity Aparthotels has unveiled plans for a new aparthotel in Edinburgh.
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Online
Christie & Co agent joins Colliers’ hotels team
Colliers has appointed former Christies & Co associate director Josh Sullivan to its hotel agency team.
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News
Hotel investment scheme directors disqualified for total 25 years
The directors behind an £8.9m hotel room investment scheme have been disqualified from running companies for a total of 25 years, according to the Insolvency Service.
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News
Helmsley Group’s York net zero hotel plan approved
City of York Council has approved plans for an 82-bedroom, city-centre hotel that developer and investor Hemsley Group said would be one of the first in the UK to generate net-zero greenhouse gas emissions.
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News
Office hotelification is about more than just services
Editor: Your recent market report on the ‘hotelification’ of office space highlighted the importance of creating high-quality workspace, but this hasn’t occurred solely in reaction to Covid and WFH.
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News
Gary Neville and Betfred founder to deliver central Manchester hotel
Gary Neville has partnered with the property developer owned by Betfred founder Fred Done to build a 40-storey tower at his St Michael’s scheme in Manchester city centre.
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News
PGIM Real Estate and Madison Cairn form UK hotels JV
PGIM Real Estate has launched a joint venture with property developer Madison Cairn to acquire, develop and reposition UK hotels, as demand grows for domestic leisure assets.
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Markets
The great ‘hotelification’ drive
Offices are starting to mirror the aesthetic and comfort of hotels. Property Week reports on the trend.
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News
UKCM buys Leeds site for £62m hotel development
UK Commercial Property REIT (UKCM) has acquired a hotel development opportunity in Leeds from Marrico (Sovereign Square), a joint venture between Marrico and Helios.
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News
R&F to refinance remaining Nine Elms holding
Chinese developer R&F is looking to refinance its last Nine Elms scheme as it continues to sell its property holdings in London, Property Week understands.
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News
Whitbread forward-sells prime Farringdon office building
Whitbread has exchanged contracts to forward-sell a central London office building, on 68-86 Farringdon Road, to one of CLI Dartriver’s investment programmes for almost £40m.
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News
UK hotels recovering well despite big dip in Q1 investment
Investment in UK hotels fell 49% year-on-year to £417m in Q1 2022, one of the lowest figures in recent years, according to CBRE’s Q1 hotel investment report, shared exclusively with Property Week.
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News
PPHE Hotel Group records 2020 bounceback but stays far behind pre-pandemic performance
PPHE Hotel Group has fallen short of pre-pandemic revenue totals for Q1 2022, despite a near sixfold increase over the same period in 2021.
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Online
LaSalle IM launches €500m European hotel fund
LaSalle Investment Management has launched a €500m (£422m) pan-European urban hotel strategy via a strategic partnership with NUMA Group.
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Online
Knight Frank expands UK hotels team
Knight Frank has appointed Ryan Lynn as a partner in its hotel agency team.
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Online
British Land sells 75% of Paddington Central assets to GIC
British Land has sold a 75% interest in its Paddington Central assets to Singaporean finance giant GIC for £694m, 1% less than the September book value.
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News
LaSalle funds £50m Hammersmith Premier Inn development
LaSalle Investment Management has provided funding for the £50m development of a 189-bedroom Premier Inn hotel in Hammersmith, west London.
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News
Frogmore and C1 snap up Hilton London Olympia in £150m deal spree
Frogmore and C1 Capital have purchased Hilton London Olympia as part of a series of joint-venture hotel acquisitions worth £150m.
