Reading Time: 2 minutesIreland: Pandox Ireland Tuck Limited, a newly formed company wholly owned by Pandox AB and Eiendomsspar AS, has made a cash offer to acquire Dalata Hotel Group plc for €6.45 (£5.59) per share.
Reading Time: 2 minutesUS: Alternative asset management firm TPG has completed the purchase of Hospitality Solutions, the technology platform formerly under Sabre.
Reading Time: 2 minutesUS/UK: Hotel and golf resort brand Marine & Lawn has expanded its portfolio in Scotland and North Carolina, marking the group’s debut in the United States.
Reading Time: 1 minuteUK: PPHE Hotel Group has acquired a 13,000 square metre, mixed-use development site near Tower Bridge, set to include a Radisson RED lifestyle hotel.
Reading Time: 2 minutesUK: Real estate investment, development and asset management firm RE Capital has sold the Ruby Stella hotel in London to LaSalle Investment Management for £48 million.
Reading Time: 2 minutesItaly: Real estate asset management firm COIMA SGR will acquire €54 million (£45.6 million) in existing debt on the historic Grand Hôtel des Bains in Lido di Venezia, with plans to restore the site following its closure for more than 15 years.
Reading Time: 2 minutesUS: Hotel guest management tech company Canary Technologies has closed an $80 million Series D funding round, led by Brighton Park Capita
Reading Time: < 1 minuteCanada: Lender Aareal Bank AG has provided refinancing to Carbonleo, a privately owned Canadian real estate development and management company, for the Four Seasons Hotel Montreal.
Reading Time: < 1 minuteUK: Real estate asset manager Criterion Capital has acquired Mansell Court in Tower Bridge to support the expansion of its lifestyle hotel brand Zedwell.
Reading Time: < 1 minuteEurope: Private equity firm Queensgate Investments has sold the European arm of lifestyle hospitality brand Generator to alternative asset manager Brookfield Asset Management for €776 million.
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