All Hotels articles – Page 28
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Markets
Whitbread’s new Zip budget hotel opens doors in Wales
Brand makes debut on outskirts of Cardiff.
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Online
Queensgate snaps up £1bn Grange hotel portfolio
Queensgate Investments has completed the acquisition of a portfolio of London hotels from private group Grange Hotels for around £1bn.
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Online
NAV at Secure Income rises in 2018
Secure Income REIT has posted an 8.1% rise in net asset value (NAV) alongside an identical rise in earnings per share (EPS) in its annual figures for 2018.
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Online
Notting Hill serviced apartment building sells for £25m
A Notting Hill serviced apartment building has sold for £25m reflecting an initial yield of 2.8% - a record for trading serviced apartments.
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Online
Octopus agrees second loan with BH Group for Manchester hotel
Specialist lender Octopus Property has provided a subsidiary of the BH Group with a three-year, £8.1m loan to refinance the newly developed Hotel Indigo Manchester, located in the city centre.
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Online
THE WEEK AHEAD: Estate agency groups go head-to-head with full-year figures
There’s another busy week ahead for property companies with both the UK’s largest estate agency groups reporting full-year figures.
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News
Moon departs Whitbread in management reshuffle
Jo Moon, head of acquisitions for Premier Inn at Whitbread, has left the business as part of a number of management changes following the sale of Costa.
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News
Lothbury picks up Edinburgh hotel
Lothbury Property Trust has bought a Travelodge hotel at Cameron Toll in south Edinburgh for £13.7m.
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News
Aberdeen Standard sells £16m Travelodge Brent Cross
Aberdeen Standard Investments has sold the Travelodge hotel in Brent Cross, north London to a private investor for £16m.
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Online
Premier Inn pre-lets new hotel in Manchester
Premier Inn is to open a 200-bedroom hotel on Manchester’s First Street after signing a pre-let agreement with a joint venture between Ask Real Estate, Patrizia and the Richardson family.
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News
Marathon markets £500m hotel portfolio
Marathon Asset Management has put a portfolio of 17 hotels on the market for around £500m.
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Online
Planning permission secured for Maldron hotels in Birmingham and Glasgow
Northern Irish developer McAleer Rushe has secured planning permission to develop two hotels in Birmingham and Glasgow City Centre, representing a total investment of £85m.
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News
Luscombe to become Cycas’ first chief executive
Former IHG heavyweight Matt Luscombe has been appointed as the chief executive of hotel management company Cycas Hospitality.
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News
CDP and Olympian sign deal for £120m Coventry scheme
Complex Development Projects (CDP)and Olympian Developments have signed a £120m deal to develop student accommodation and a new boutique hotel in Coventry city centre.
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News
Nikal signs Premier Inn at Exchange Square
Developer Nikal has signed a deal with Whitbread to open a 225-bed Premier Inn hotel at Exchange Square in Birmingham.
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News
Oaknorth funds £10m Fulham Town Hall acquisition
Oaknorth has loaned £10m to Ziser London to acquire Fulham Town Hall.
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Online
Liverpool's Pall Mall scheme gets go ahead for remediation works
Kier Property and CTP’s £200m Pall Mall scheme is a step closer to happening after Liverpool City Council gave the green light for remediation works to clear the area the 400,000 sq ft development will be built on.
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Online
Hilton and Dominvs Group to develop four new hotels across London and Bath
Hilton and the Dominvs Group have revealed plans to develop three new hotels in London and a further one in Bath.
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Online
UBS Asset Management launches long income UK fund
UBS Asset Management’s Real Estate Private Markets (REPM) business has launched a new UK-focused long income fund, with an initial commitment of £90m.
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Online
LXi sells supported living portfolio amid string of UK-wide deals
LXi REIT has sold a portfolio of 11 supported living properties for £10.9m private social impact fund HLIF.