McKay sells London office property for €90.2m (GB)

McKay sells London office property for €90.2m (GB)

Uncategorized McKay Securities has exchanged contracts to sell the long leasehold interest in 30 Lombard Street, a prime office building located in the heart of the City of London for €90.2m (£76.5m). The redevelopment of 30 Lombard Street was completed in early 2019.  Providing...
Jan 02, 2020
Regional REIT acquires Edinburgh office for c.€12m (GB)

Regional REIT acquires Edinburgh office for c.€12m (GB)

Uncategorized Regional REIT has acquired a valuable office asset in one of Scotland’s premier business parks for a total consideration of c.€12m (£10.3m). The office asset comprises 43,676ft² over 3 floors, currently 100% let to John Menzies plc, international aviation...
Jan 02, 2020
Instone begins City Prag Project (DE)

Instone begins City Prag Project (DE)

Uncategorized Instone Real Estate has begun the construction works for the “City Prag – Wohnen im Theaterviertel” project in Stuttgart. It involves the development of 250 residential units in an inner-city location with a combined dwelling floor area of around 18,000m², around...
Dec 23, 2019
Hyatt to debut in the Czech Republic

Hyatt to debut in the Czech Republic

Uncategorized Hyatt Hotels Corporation has entered into a management agreement for the first Hyatt property in the Czech Republic. The “Sugar Palace” hotel project, currently being developed by UBM Development AG, will become the new Andaz Prague. Located at Senovazne Square, only...
Dec 23, 2019
IHG brings Kimpton Hotels to Spain

IHG brings Kimpton Hotels to Spain

Uncategorized Kimpton Vividora Hotel will be the first hotel in Spain for IHG’s boutique luxury brand, Kimpton Hotels & Restaurants. Located in the famous Gothic Quarter, with 156 beautifully appointed guest rooms and three distinct restaurants and bars, the hotel is...
Dec 21, 2019
Marriott opens new hotel in Hamburg (DE)

Marriott opens new hotel in Hamburg (DE)

Uncategorized Marriott International had announced the opening of Courtyard by Marriott Hamburg City, the second Courtyard by Marriott hotel in the leading business city. The 277-guestroom hotel is set in an unparalleled city centre location with Hamburg’s gastronomic, shopping and...
Dec 20, 2019