The SCPI has signed a commercial complex there
The SCPI has signed a commercial complex there
On January 24, 2024, SCPI Iroko Zen acquired a 4,867 m² retail complex in Dresden, Germany. The property was acquired for an investment volume of between €10 and €15 million exclud...
Recurring income up +3.8% in 2024
At the end of a year which saw it complete the acquisition of Galimmo, Carmila presented good results for 2024. With net rental income of €370.7 million, an increase of +8.3% on a ...
Today's headlines: US inflation rose 3% in January; Powell says Fed can take time lowering rates; Hoteliers must tell hospitality career story better, execs say; Heathrow to expand two terminals; Heart-shaped tubs from Poconos hotel find new homes
Editor's Note: Some linked articles may be behind subscription paywalls.
Quarterly sales volume tops $1 billion for the third straight quarter
Sales of commercial real estate properties in San Jose, California, increased in the fourth quarter of 2024 — but they're still well below pre-pandemic figures.
Potential erosion of US demand to UK and European destinations is worrisome, speakers say
LONDON — Rising costs, both in people's day-to-day living and in hotel’s operations and supply chains, are the largest impediment to United Kingdom and European hotel-industry grow...
New office lease at McKesson-owned office building could house hundreds of Amazon employees
E-commerce giant Amazon is expanding its office space in North Texas in its latest confirmed office deal with WeWork — outside of Silicon Valley and New York City — in a move expec...
Recruits bolster multiple service lines
Lambert Smith Hampton has named four recruits in its Birmingham office who will work across multiple service lines.
Ally Campbell 'brings a wealth of experience' to the consultancy
JLL has appointed a new head of planning in Scotland with 25 years' experience.
The management company and its chairman have undertaken to pay a fine of €700,000 to the Treasury.
On October 4, 2024, management company Keys REIM and its chairman Pierre Mattei signed two administrative composition agreements with the Autorité des marchés financiers (AMF). As ...
The management company has signed the goodwill of a hotel in Cannes, where other transactions have also been completed recently.
Santareim Partners is enjoying the Côte d'Azur. Last week, the real estate and hotel investment management company launched by Patrick Lenoël, Olivier Coustet and Valéry Fouquet, c...
Travel tips from an accidental digital nomad
As I reflected on what my first Hotel News Now article of 2025 should be, I couldn’t help but take a moment to pause and let it sink in, it is actually 2025, which marks the five-y...
The proposed significant reforms could change the compulsory purchase landscape
Governments have longed been focused on capturing development value seemingly on the founding belief that it is the planning system which creates additional value rather than marke...
Employers do better keeping workers on payrolls than absorbing new entrants
A solid, if underwhelming, January jobs report is likely to reinforce the Federal Reserve’s “wait-and-see” strategy on interest rate cuts through its next few meetings. However, a ...
Busy buyer turns to German supermarket chain
Realty Income, an S&P 500-listed investor, has bought the Lidl in Redditch from the Woodbourne Group for circa £6.5 million.
Challenges remain the same, but hoteliers have the experience to navigate them
LOS ANGELES — What the latest U.S. hotel industry forecast from CoStar Group and Tourism Economics lacks in excitement, it makes up for in providing certainty of some stability.
Taylor Hopkinson signs 10-year deal at 6 Atlantic Quay to double footprint
Recruitment specialist Taylor Hopkinson has signed for offices in the centre of Glasgow’s International Financial Services District.
BGO has sold Prism Park
Leftfield has completed the acquisition of Prism Park, a distribution logistics park in Wakefield, West Yorkshire, from BGO for £32 million.
In time for Valentine's Day, Nick Symons and David Justice reflect on three decades as business partners
FMX Urban Property Advisers’ Nick Symons and David Justice, two of the UK's best-known retail and leisure advisers, are celebrating 30 years working side-by-side with international...
New hires, promotions and other personnel changes in UK commercial real estate
Savills rating team expands with director hire
Carbon offsetting is under particular European scrutiny
MADRID — Environmental, social and governance initiatives remain a priority for global hotel companies.