
News & Stories
Liran Wizman built some of Amsterdam's most celebrated hotels using a sell-and-lease-back formula that worked brilliantly… until it didn't. With more than 30 million euros in confirmed rent arrears across five properties, and Pandox moving to freeze his bank accounts, landlords across Europe are running out of patience.
In the wake of the Iran conflict, the property market and Europe remain weak. The deterioration in credit conditions points to a significant decline in investment appetite in the coming quarters. In the construction sector, rising costs are set to become the biggest challenge.
Despite the U.S./Iran conflict which began on 28 February 2026, the region’s hotel construction pipeline proved resilient in the last month of the quarter — closing Q1 at a record high of 717 projects and 177,110 rooms.
Deka Immobilien faces a second major operator default in the Netherlands: The German institutional investor finds itself in court again, this time against Revo Hospitality Group, whose Dutch Mövenpick subsidiary has accumulated 4 million euros in overdue rent on a lease that runs to 2052 and commits 281 million euros.
Deka Immobilien no longer wishes to discuss the 23 million euros in rent arrears owed by the (former) operator, Sircle Group – headed by Liran Wizman. This week, it introduced an unnamed, tourism-focused operator from Turkey. Wizman is nevertheless permitted to continue running the W restaurants. Deka Immobilien did not provide any explanation for this.
Expo Real is setting the course for the future. From this year onwards, Expo Real (5–7 October in Munich) is expanding its title to include the field of infrastructure: "International Trade Fair for Real Estate, Investment and Infrastructure".
In crisis-hit Germany, Serviced Apartments have for some time been losing their status as accommodation for long-term guests. Property expert Reiner Nittka sees new opportunities for this niche market: Commercial Serviced Apartments may fill gaps created by the legal regulations governing furnished accommodation.
The volume of European hotel transactions rose to 23.6 billion euros in 2025 (+4.8% vs 2024). Transaction models are now becoming more creative. The German market is at a turning point. Investment-right takes precedence over asset-light.
Which operators should we rely on in future? This is currently more important to most owners and investors than the property itself. Analyses of the German hotel investment market in the first quarter of 2026 by the industry’s major property service providers highlight uncertainties.
The debut in Apulia of the Nicolaus Group's first Raro resort, the brand-new operator LVRH, the new generation restructuring Roscioli Hotels, and UNA Italian Hospitality accepting HMAs…. News from Italy.









