Mergers & Acquisitions

The Lion Hotel in Shrewsbury has been brought to market, with “substantial” offers invited for the freehold of the Grade II listed town-centre property.The hotel, which dates back to the…

Pandox AB has reported a third-quarter profit of SEK 637m (£50m) and EBITDA) of SEK 1.2bn (£95m), reflecting year-on-year increases of 7% and a sharp recovery from a SEK 39m…

Invesco Real Estate has acquired the four-star, 189-room Radisson Blu Hotel, Marseille Vieux Port in France from German real estate investment manager Union Investment for €43.5 million (€230,200 per room). The property is situated by the old port in central Marseille and includes two restaurants, a bar and 12 meeting rooms. The hotel, that had been owned by Union for 20 years, underwent a complete renovation in 2024 and is operated under a long-term lease by Radisson Hotel Group. Invesco acquired the hotel on behalf of its European Hotel strategy, bringing the portfolio to 11 hotels.

Reading Time: < 1 minute Thailand: Flight Centre Travel Group has agreed to sell its luxury boutique brand Cross Hotels & Resorts to South Korean hospitality group Sono International.  Cross…

YTL Hotels & Properties Sdn Bhd (“YTL Hotels”), the hospitality arm of Malaysia-based YTL Corporation Berhad (“YTL Group”), has acquired the 225-key Hotel Indigo Auckland from New Zealand-based Ninety Four Feet for NZD160 million. This translates to approximately NZD711,000 per key. This marks YTL Hotels’ first hotel investment in New Zealand and represents the country’s second-largest hotel transaction in 2025. YTL Hotels has signed a 25-year management agreement with UK-based InterContinental Hotels Group PLC (“IHG”) to operate the hotel. The hotel occupies 27 floors within a newly built 41-storey mixed-use tower, offering amenities such as an on-site restaurant, fitness centre, and car parking. Strategically located along Albert Street in Auckland’s Midtown precinct, the property is an eight-minute walk from both Waitematā Station and the upcoming Aotea Station, providing strong accessibility and positioning within the city’s central business district.

Casa de los Bates, a 19th Century manor house overlooking the Costa Tropical in southern Spain, has been brought to market for €5.3m (£4.6m), with approval in place to expand…