SHUAA Partners has raised $165m to invest in hotels, resorts and serviced apartments in the Middle East and North Africa. The firm plans to invest in the development of five- and four-star hotels, resorts, budget business hotels and serviced apartments.
2 min read · 22 January 2013
Phoenix Mills plans to raise capital from foreign private equity investors for development of malls and hospitality assets throughout India.
2 min read · 22 January 2013
Keith Lindsay, the former global head of hospitality and leisure at AIG Global Real Estate, has been appointed to oversee Orco's hospitality investments in Central Europe.
1 min read · 22 January 2013
The Dubai-based private equity firm is nearing the first close of its $200m MENA-focused hospitality fund, and has begun marketing another $530m fund specifically for Saudi Arabia.
2 min read · 22 January 2013
Despite a massive constriction in liquidity and warnings of a US recession, Blackstone real estate co-head Jonathan Gray told a PREA audience that the hotel industry remains positive.
2 min read · 22 January 2013
The private real estate investment company controlled by media pioneer Robert Johnson has raised its third private equity real estate vehicle, more than double the size of its previous fund.
1 min read · 22 January 2013
At mid-year, 2007 looks set to be another banner year for hotel buyouts.
2 min read · 22 January 2013
The hospitality company owned by sports magnate Sheila Johnson has ventured into golf course real estate with the acquisition of the Innisbrook resort from Golf Trust of America, a links REIT liquidating its portfolio.
2 min read · 22 January 2013
Hermes Private Equity has returned to the hospitality sector with a minority stake in a French holiday park operator, its first investment in the sector since it sold a hotel chain, Galaxie Hotels, in 2005.
2 min read · 23 January 2013
The Greenwich-based private equity real estate firm is teaming up with China’s largest hotel operator to develop hospitality projects in the country.
2 min read · 23 January 2013