Reading Time: < 1 minuteUK: Alternative investment firm King Street Capital Management UK and alternative lender Cohort Capital, along with funds managed by Apollo, have completed a £348 million senior loan to refinance The Park Tower Hotel in Knightsbridge, London.
Reading Time: 2 minutesUK: Real estate investor, developer and asset manager Firethorn has acquired 5 Lloyd’s Avenue in the City of London from a client of Swiss Life Asset Managers UK for an undisclosed sum.
Reading Time: 2 minutesUK: Last night the Central London Alliance held an open forum in Westminster, which featured six panels addressing the challenges and opportunities facing London’s economy.
Reading Time: < 1 minuteUK: On behalf of Coast & Country Hotels, property adviser Christie & Co has sold the Derwentwater Hotel & Derwent Manor Apartments in Cumbria to Leisureplex Hotel Group for an undisclosed sum.
Reading Time: 2 minutesUK: Riverside farm and hotel Tewinbury has expanded its offering with the acquisition of Hertford House Hotel and The Quiet Man public house in the centre of Hertford.
Reading Time: 2 minutesUK: Hostel brand a&o has purchased the former DoubleTree by Hilton, Docklands Riverside, its first location in London.
Reading Time: 2 minutesUK: Germany-based boutique hotel brand AMANO has expanded in London with the £20 million acquisition of Waterman House, located close to its original site in Covent Garden.
Reading Time: < 1 minutePortugal: Investment firm EXTENDAM and hotel management company Highgate have partnered to acquire the Hilton Porto Gaia, a 194-room, five-star hotel located on the banks
Reading Time: < 1 minuteFrance: Lender Aareal Bank has arranged financing for Pullman Paris Montparnasse, supported by a consortium of sponsors including Bain Capital, Columbia Threadneedle Investments, and QuinSpark
Reading Time: < 1 minuteWorldwide: Real estate investment manager Global Mutual has launched its hotel investment and asset management platform, Global Mutual Hotels.
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