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European hotel transactions news - May 11, 2023 : Thursday, 11th May 2023 : 4Hoteliers

HVS Europe Hotel Transactions Bulletin - Week Ending 05 May 2023

M&G Real Estate sells the Travelodge Gatwick Airport Central in the UK, Whitbread acquires portfolio of six hotels in Germany and Austria, iAM Capital acquires Italian Riviera campsite to transform into beach resort, Pestana acquires the future Pestana CR7 Austerlitz in Paris from Kaufman & Broad, CRIM acquires future Stayery Bochum in Germany from Kreer Development, Mazabi acquires Aragón Hills Hotel & Spa in northern Spain, S IMMO acquires Courtyard by Marriott Prague City as part of Czech portfolio, Fluxà family acquires the THB Sur Mallorca in Spain from the Rigo family, Somani Hotels acquires the Aubrey Park Hotel in St Albans, UK.

HVS Europe Hotel Transactions Bulletin Week Ending 5 May 2023

21st Austria weekly - Palfinger, Rosenbauer, S Immo, RHI Magnesita (21/04/2023)

21st Austria weekly - Palfinger Rosenbauer S Immo RHI Magnesita 21/04/2023 [pic1] Palfinger: Lifitng solutions provider PALFINGER has issued an ESG-linked promissory note loan with a volume of EUR 150 million. Around 40 investors from and abroad have participated in the loan. "Especially this challenging economic environment I see as strong vote confidence Palfinger group ” says CEO Felix Strohbichler. The company will use to refinance maturing loans finance investments planned for 2023. terms are linked two sustainability KPIs: production related carbon emissions accident rate. achievement KPIs

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