Ifeoluwa Taiwo

3 weeks ago | hospitalityinvestor.com | Ifeoluwa Taiwo

The Schoeller Group has purchased the Upper West office and hotel property in Berlin from Signa Prime Selection. Located in Berlin's Breitscheidplatz, the 119-meter building was completed in 2017 and offers a total rental area of around 43,700 sqm, half of which is used as office space and around 17,300 sqm as hotel space. Retail areas are also located on the ground and first floors. The deal for the building - of which the main tenant is Motel One - is said to be worth €450 million.

3 weeks ago | hospitalityinvestor.com | Ifeoluwa Taiwo

Victoria Hotels & Resorts alternative investment vehicle promoted by Bankinter Investment, GMA and Meliá Hotels Internationalhas sold two of its flagship assets - the Hotel Innside Zaragoza and the Hotel Innside Palma BosqueThe 102-room Hotel Innside Zaragoza was acquired by a private investor while the 262-room Hotel Innside Palma Bosque was purchased by the joint venture created between Meliá and an institutional investor. Both hotels will continue to be operated by Melia.

3 weeks ago | hospitalityinvestor.com | Ifeoluwa Taiwo

Dalata has rejected a possible offer from Pandox and Eiendomsspar to buy the Irish hotel group for €1.3 billion. On Tuesday, the consortium floated buying Dalata for €6.05 a share, with the proposal representing a 5 per cent premium to Dalata’s closing price on Monday June 2 and a 27.1 per cent premium to Dalata’s stock in March before it launched a strategic review to explore options for enhancing shareholder value, including a potential sale.

1 month ago | hospitalityinvestor.com | Ifeoluwa Taiwo

Yoomata Aldgate Property has acquired Challenger House in Whitechapel London. The joint venture between Euragone Investment Management and Mata Capital paid Great Portland Estates £42 million for the asset - also known as The Corner Hotel - together with a plot of undeveloped land. Located on 42 Adler Street, Challenger House comprises 180 rooms alongside a ground-floor restaurant and bar. The building adjoins office building The Hickman, which remains under control of Great Portland Estates.

1 month ago | hospitalityinvestor.com | Ifeoluwa Taiwo

Criterion Capital has acquired London office building Mansell Court with the intention of turning it into a hotel. Located close to Aldgate station, the former insurance firm headquarters will be transformed into a 200-room Zedwell hotel. It is Criterion’s second City of London location, following its acquisition of One Princes Street in November last year for its sleep-focused brand. The real estate asset manager plans to grow to 24 hotels by 2027.