Hospitality

Underfunded capex driving US hotel delinquency jump

A lack of reinvestment is exposing weaknesses in hotel portfolios, tightening the screws on financing options.

Arrow Global: Harnessing tourist ecosystems to drive returns

Hospitality investment in southern Europe is no longer just about beds and beaches, argues Arrow Global’s John Calvão.

European investors get in holiday mode

A booming tourism market and severe supply constraints mean hotel assets are on many investors’ bucket lists.

Gaw Capital to wind down US, Europe institutional businesses

The Hong Kong-based manager is ‘going back to our roots’ by emphasizing its pan-Asia strategies for institutional investors.

Brookfield aims to triple real estate AUM in Asia-Pacific in five years

The firm’s regional real estate activity over the past 12 months was more than treble its average in prior years.

Blackstone’s Miyasaki to depart amid leadership changes in Asia

The firm’s current COO for real estate in Europe will be relocating to Singapore to assume Miyasaki’s role as head of acquisitions for Asia.

Starwood, the next generation

Barry Sternlicht and his successor, Jonathan Pollack, discuss the wide-ranging implications of the firm’s new leadership structure.

L&G and Federated Hermes’ fund merger reflects ‘evolved’ market

The combination of two UK property funds will create a £4.7bn platform amid shifting preferences from domestic pension schemes.

Hillhouse-backed Samty closes Japan-focused debut fund in two months

The firm, which is among a select few managers raising dedicated hospitality funds in the region, is eyeing additional vehicles targeting the multifamily sector.

BlackRock closes sixth European value-add real estate fund

The fund fell short of its predecessor in size, but ranks as the fourth-largest Europe-focused real estate equity fund closed this year.