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The Turenne Hôtellerie team has sold the premises and business of the Mercure Lyon Centre Château Perrache hotel on behalf of its Turenne Hôtellerie 2 fund. The new owner is the French hotel group Sohoma, which paid over €24 million for the hotel, according to market sources.
KKR and its European hospitality partner Amante Capital acquired the 132-bedroom Park Grand London Kensington Hotel from Bartek Holdings Limited. Terms of the transaction were not disclosed.
Revised plans for a £76million development Sauchiehall Street to regenerate Sauchiehall Street have been minded to grant approval by Glasgow City Council.
Bloom and TPG Angelo Gordon have acquired Poplar Business Park, a prime multi-let industrial estate next to Canary Wharf in east London. The property was purchased from Workspace Group for £21.5 million.
Altera Vastgoed has chosen Aalberts Bouw to work on a new project to improve the sustainability of 46 family homes in Welgelegen-Noord, Nieuw-Vennep. Improving the sustainability of the houses, which were built in 1987, is in line with Altera's ambition to achieve a Paris-proof portfolio by 2040 at the latest.
£31.5M, 37-acre project serves as a pivotal new workplace, logistics and warehouse commercial gateway to Luton and set to elevate the town onto a national platform.
With the signing of a long-term lease of 5,140 sqm with the co-working concept De Stadstuin in Dalton Office Park, the entire Daltonlaan 200 office building in Utrecht is now fully let. De Stadstuin will open its 6th location in Utrecht and will provide office space, meeting rooms, an inspiring entrance and events for more th...
GO Outdoors, the outdoor clothing and equipment retailer, has launched its 20,242 sq ft store at Metrocentre in London. The leasing contract between the retailer and Sovereign Centros from CBRE was signed in February .
Bolstering its high-end offering, luxury accessories brand, Radley will open its doors at Northern Ireland's only premier designer outlet, The Boulevard on Saturday 4 May 2024.
The Association for Rental Living (ARL – formerly UKAA) has appointed Iain Murray as the new Chair of the ARL Scotland Hub. Murray, Head of Operational Living at Bidwells, will take over from current Chair Gillian McLees on 10th May 2024, following the Living Asset Specialist’s two-year tenure as Chair of the Scotland Hub.
Supermarket Income REIT acquired a portfolio of Carrefour supermarkets in France through a sale and leaseback transaction for a total purchase price of €75.3 million (excluding acquisition costs), reflecting a net initial yield of 6.3%.