UK-focused hotel owner and manager Shiva Hotels Group has secured a £230 mln (€252 mln) development financing package from property finance firm Cale Street Investments and UK investment firm Crosstree Real Estate Partners to fund the construction of a luxury hotel in Marylebone, London.
Singapore's Mapletree Investments has acquired 31 student housing assets in the UK and Germany from Cuscaden Peak Investments for £1 bn (€1.2 bn).
