Hotel investment in Asia surged to $7.5 billion last year but private equity only got a small piece of the pie.
2 min read · 25 March 2014
The purchase and renovation of the UK Saga Ruby cruise liner is the third investment by Suchad Chiaranussati’s Singapore-based firm in the frontier market.
2 min read · 20 March 2014
Bill Gates’ private investment arm has increased its share in the iconic Four Seasons hotel company, purchasing the Houston location for approximately $140 million.
2 min read · 07 October 2013
London-based Internos Global Investors has held a second close for its Hotel Real Estate Fund I, with the equity coming from an all-German cast of investors and zero co-investment from the general partner.
2 min read · 28 August 2013
The Boston-based real estate investment manager has sold its interest in two US hotel properties, both of which the firm acquired two years ago on behalf of its third real estate fund.
2 min read · 28 August 2013
The Washington, DC-based private equity giant is hoping to exit from its investment in China hotel operator New Century Hotel Group via the Hong Kong REIT market, expecting Hong Kong and international investors to pay $254 million for the company and its portfolio.
2 min read · 28 August 2013
The Los Angeles-based investment firm has purchased the San Jose Marriott Hotel from Prudential for $83 million on behalf of its CBRE Strategic Partners US Value 6 fund.
2 min read · 28 August 2013
‘Good potential’ for private equity investment to keep growing in the hospitality sector, with Southeast Asian countries such as Cambodia seeing 25 percent growth in tourism, according to global property services firm Jones Lang LaSalle.
2 min read · 27 August 2013
The real estate subsidiary of the global asset manager has raised €200 million for its European Hotel Fund II, which will have €400 million of buying power.
1 min read · 27 August 2013
The global bank’s real estate investment arm formerly known as RREEF Real Estate has teamed up with a New York-based investor to buy the ground lease of the Milford Plaza Hotel in Times Square.
2 min read · 27 August 2013