According to Cushman & Wakefield's European Real Estate Loan Sales Market Report, there was €12.2 billion of closed European commercial real estate loan and real estate owned transactions in Q1 2015.
Bermaso, an Antwerp-based private investor has purchased a retail portfolio consisting of a shopping center in Bruges as well as four high street retail properties from Aberdeen Asset Management, for an undisclosed amount.
The Frankfurt-based Pentahotels Groups plans to open five hotels in Belgium by the end of 2013, part of a move to expand the brand's portfolio by 70 percent this year. The Belgium expansion will include the chain's first airport hotel and add a total of 573 rooms.
The Rezidor Hotel Group of Brussels is expanding in the United Kingdom. The Belgium-based company says it will open two new hotels in strategic markets in 2013. They are the 170-room Radisson Blu Hotel in Newcastle and the 172-room Park Inn Bournemouth in Bournemouth.