Beth Collingz, Marketing director for PLC International Marketing Networks, which is exclusively marketing the Lancaster Suites and Lancaster – The Atrium Hotel Condominiums in Metro Manila, said “buyers are investors in hotel-condos, a real estate product that combines the flexibility of ownership of a condo in a hotel setting. Popular in the United States, Europe [...]
Interstate Hotels & Resorts (NYSE: IHR), one of the nation’s largest independent hotel management companies, today announced that it has been selected to manage the EuroSuites luxury condo-hotel in the Doral area of Miami, Florida. The nearly completed 368-suite property is being developed by Concalpro Group Corporation and asset managed by EuroSuites Hospitality Group, both [...]
A new concept, upscale hotel is coming to Saxony Corporate Campus.
Choice Hotels International and Ceres Enterprises plan a Cambria Suites, a new brand, at 13500 Tegler Drive, just off I-69 Exit 10 in Noblesville. The four-story hotel would have 130 suites.
Heather Soule, manager of corporate communications for Choice Hotels, which franchises the brand, said construction [...]
Tune Hotels Sdn Bhd has invested about RM20 million to set up its first 173-room ‘no-frills’ hotel which is expected to be fully-operational by March 20.
Founder Datuk Tony Fernandes, who is also group chief executive officer of AirAsia Bhd, said the hotel, situated at the intersection of Jalan Sultan Ismail and Jalan Tuanku Abdul Rahman, [...]
Brinsaire Financial Group a North Carolina based company and is now offering a commercial real estate loan program specifically for those property types that do not qualify for traditional loans.
“We have been seeing a growing number of difficult property type finance requests. We felt that we needed to create something that would cater to this [...]
Asteco, a reputed real estate service provider in Dubai, has sold 65% of The Buildings, an exclusive freehold development at Dubai International Financial Centre. The project is expected to be completed by 2008.
James Knowles, Asteco’s Sales and Leasing Director, said, “Asteco consultants have worked extensively with the developer on the finest detail to deliver [...]
RioCan Real Estate Investment Trust - HIGHLIGHTS FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2006:
- Portfolio occupancy hits a new all-time high of 97.5%
- Monthly distribution increases to unitholders, the twelfth straight consecutive yearly increase
- First component of agreement to sell 50% interest in three developments to the Canada Pension Plan Investment Board is completed
RioCan [...]
