Reading Time: 2 minutesUS: Private real estate investment firm KHP Capital Partners has closed on $300 million of commitments for its sixth discretionary real estate fund.
Reading Time: 2 minutesItaly: Luxury hotel group Starhotels has acquired the Hermitage Hotel & Resort in Forte dei Marmi in Tuscany.
Reading Time: < 1 minuteUK: Barclays UK Corporate Bank has agreed a £192 million loan to Corinthia Hotels, as part of a broader £205 million syndicated term loan, to support the growth of Corinthia’s five-star property in London.
Reading Time: < 1 minuteWorldwide: Operator Grand Metropolitan Hotels has acquired the Voile d’Or Hotels and Resorts, securing full brand and intellectual property rights, along with all management contracts.
Reading Time: < 1 minuteEurope: Lender Aareal Bank has completed a €567 million facility to refinance a portfolio of seven hotels across four European countries for Archer Hotel Capital.Â
Reading Time: < 1 minuteUAE: Dubai-based investment firm EIGHTClouds has invested $10 million in Next’House, a luxury hostel brand, for its expansion in the GCC.
Reading Time: < 1 minuteUK: Property investment and development company Royal Group has acquired the former NatWest Bank on Piccadilly to convert the site into its first London luxury boutique hotel.Â
Reading Time: 2 minutesUK: Ballathie Country House Hotel & Estate, a historic country house hotel situated on the banks of the River Tay in Perthshire, Scotland, has been acquired by IMR Hotels.
Reading Time: < 1 minuteUS: Corinthia Group, a hospitality developer and operator trading as IHI plc, has partnered with Kuwait’s Action Real Estate Company to acquire two boutique hotels in Beverly Hills, California.
Reading Time: < 1 minuteUK: Scottish hotel owner-operator Wisteria & Heather Ltd has acquired The Bellachroy, the Isle of Mull’s oldest inn, with plans for a sustainable refurbishment.
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