
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.

Reading Time: < 1 minuteThe Netherlands: The owners of boutique hotel brand citizenM are reportedly exploring options for its global portfolio, including a potential sale of the business.

Reading Time: < 1 minuteUK: Archer Hotel Capital has sold The Dilly hotel in London to Fattal Hotel Group, the owner of Leonardo Hotels.

Reading Time: 2 minutesGreece: Singaporean investor GIC has become a leading shareholder in the luxury beach resort group Sani/Ikos Group (SIG) in a transaction which values SIG at €2.3 billion.

Reading Time: 3 minutesEU: GIC and existing investor APG will take a “substantial stake” in The Student Hotel to fuel the group’s expansion.
![[Credit: citizenM New York Times Square] citizenM raises $1bn to expand](https://boutiquehotelnews.com/wp-content/uploads/2021/11/newyorktimessquare_int_10_low_1_0ad58d42b3b12c5-2_003b12c53b12c55ffc217e-1-800x445.jpg)
Reading Time: < 1 minuteWorldwide: GIC, APG Asset Management and KRC Capital have injected $1 billion in to citizenM, with over half of this money earmarked for new hotels.