The firm is embarking on an ambitious expansion strategy to open five new hotels over the next 18 months, boosting its portfolio of guest rooms by 20%.
With more than $300 billion in investment power behind them, these institutional players are looking at clever ways to move ahead in the great yield chase
LONDON—Backed by funds from the Government of Singapore Investment Corp., locally based Laxfield Capital has launched a new UK commercial lending program.
NEW YORK CITY—Embarking on a rapid expansion spree, Le Méridien Hotels & Resorts has announced a pipeline of nine new hotels to open within the next year.
WASHINGTON, DC—Already exhibiting signs of recovery, the US industrial market could see as much as 150 million square feet of absorption this year. What's more, next year's take-up could hit 175 million square feet.