HI+Share price performance of the week 12/09/14 - 18/09/14
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News & Stories
Private equity goes travel - soon in Germany?
6.10.2006
Frankfurt/M. Private Equity funds still look at the travel industry bearing too many risks. This was one opinion in the Travel Industry Club's discussion in Frankfurt. Another panellist sounded different and seemed willing to enter the hospitality industry. But Private Equity funds will only take the best. Two hotel experts confirm the continuous trend in the hotel industry.
Bank portraits: Aareal
1.9.2006
Wiesbaden. Aareal Bank is well positioned in the hotel financing segment. Despite this, its experts regard the hotel business as the high-risk segment of the real estate industry.The financing strategy favours business and conference hotels, mainly outside Germany.
4.8.2006
Munich. The hotel investment volume reached a nationwide 682 million euros in the first half of 2006. This extraordinarily high level is 22% above the average volume from 2001 through to 2005. Jones Lang LaSalle Hotels expects 2006 to be a record year with a likely volume of more than one billion euros.
28.7.2006
Munich. Merrill Lynch Capital Markets Bank and Aareal Bank have concluded a contract with Capital Partners for the refinancing of the Ritz-Carlton Hotel in Moscow at a price of over 160 million Euros. At the same time, the sale of the Hotel Arts in Barcelona, another Ritz-Carlton Hotel, was completed to become the biggest single real estate transaction in Spanish history.
German Acron group to invest in Radisson SAS Zurich Airport
28.7.2006
Berlin. International airports are becoming increasingly real estate and economic locations and their operators are similar to gigantic businesses. And the buildings being constructed there are gigantic as well: At Zurich Kloten Airport, a Radisson SAS Hotel will soon be built, financed by the German Acron group. With its unusual financing model, this investment company has discovered Switzerland to be an interesting region for German investors. 
21.7.2006
Muenster/Osnabrueck. The brochure leaves many questions unanswered. This is why, the fondstelegramm.de online service cautions against a fund that plans to erect and then rent an airport hotel at Muenster/Osnabrueck Airport. Arcadia Nord GmbH is the lessee and operator of the hotel. It will conclude a franchise agreement with the Holiday Inn chain.
14.7.2006
London. InterContinental Hotels Group plc has agreed to sell a portfolio of seven InterContinental branded hotels located in Continental Europe to the Morgan Stanley Real Estate Funds. IHG previously announced in January 2006 that these hotels had been put on the market.
The property fund company CGI willing to invest in hotel companies
14.7.2006
Berlin. Open property funds are ever more on the look out for lucrative investments promising high gains and at the same time securing portfolio diversity in terms of location and usage. Even the Commerz Grundbesitz Investment Company, the real estate subsidiary of the Commerzbank plc, is no exception. Although their activity in the hotel industry is limited, CGI is open for new projects with well known operators.
30.6.2006
Augsburg. A subsidiary of an Israeli real estate company has just a few days ago put its signature to a contract for the purchase of up to ten hotels in a range of German cities including Munich, Bonn, Frankfurt and Essen.
9.6.2006
London. Hospitality Europe B.V., the pan-European hotel owning and asset management company, completed its sale to BRE/Hospitality Europe Holding B.V., an entity owned by funds managed by The Blackstone Group. The sale includes wellknown properties, such as the Sheraton Airport Hotels in Frankfurt and Amsterdam and the Pulitzer in Amsterdam.
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