Hospitality

CapMan: ESG is part of the Nordic DNA

ESG has long been part of the narrative within the Nordics and it is only a matter of time before it impacts cap rates, say CapMan Real Estate’s Thomas Laakso and Simon Hultén

Inside Blackstone’s $38bn week of blockbuster deals

Kathleen McCarthy, global co-head of real estate, gives the lowdown on last week’s trio of transactions spanning the globe and various capital sources.

Azora enters US real estate market via M&A deal

The European private equity real estate manager also plans to begin launching sector-specific funds targeting the country by year-end.

The Dublin hotel that sold at a profit during covid

Zetland Capital acquired the Morrison Hotel in Dublin’s Temple Bar for a rumored €65 million from Russian businesswoman Elena Baturina.

Is the M&A shopping window for hotel assets closing?

Extended Stay America’s privatization was the sector’s biggest M&A event but rising valuations and market recovery could limit further opportunistic buying.

Extended Stay America’s pricing demonstrates belief in near-term recovery for hospitality

Blackstone and Starwood’s sweetening of an already sweetened offer shows a strong conviction in the sector.

Trinity’s debut US hotel fund surpasses $500m

The oversubscribed vehicle attracted commitments from institutional investors and high-net-worth individuals alike betting on a hospitality comeback.

Pro-invest expands into Europe with new London office

Established last month, the regional investment business will be led by former executives from ADIA and global hospitality group IHG.

Hotel-focused fundraising sees uptick during the pandemic

Most of the vehicles will be focused on non-core strategies in the sector and the North America region, according to PERE data.

Apollo places its Vegas bet on the Venetian

Apollo and VICI Properties’ $6.25bn purchase comes from a distressed situation but the asset itself was by no means sold at distressed pricing.