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Europe Hotel Transactions Bulletin - Week Ending 7 May 2021

Europe Hotel Transactions Bulletin - Week Ending 7 May 2021 share this article Advertisements Turm am Mailänder Platz hotel development in Stuttgart, Germany from Austrian developer STRABAG Real Estate for €137 million. The forward sale includes 429 rooms across two new-build hotels, collectively €320,000 per room, being a 169-room Adina Aparthotel and a 260-room Premier Inn. The development, which is scheduled to complete in December 2021, is located in Stuttgart s Europa district close to the new main railway station. The acquisition, which will be added to the buyer s open-ended real estate fund Unilmmo: Deutschland, follows a six month hiatus from the buyer on any new hotel investments on account of coronavirus.

Qatar to join SPIEF 2021 as guest nation

Qatar-Russia relations are set to reach new heights as Qatar prepares to partake in Russia’s leading business event, the St. Petersburg International Economic Forum (SPIEF), as the guest nation this year. Qatar’s participation at the prestigious global forum will cement its business and economic ties with Russia, with a plethora of new partnership agreements expected to be finalized between the two countries. “Qatar traditionally participates in the St. Petersburg International Economic Forum. This year’s status of a guest country is a great honor for us,” said Sheikh Ahmed bin Nasser bin Jassim Al Thani, Ambassador Extraordinary and Plenipotentiary of the State of Qatar to the Russian Federation in a recent meeting with Anton Kobyakov, Advisor to the President of the Russian Federation.

Arabic press review: Egypt builds 35 new prisons since 2011 revolution

Egyptian regime builds 35 prisons since 2011 Egyptian authorities have built 35 new prisons in just 10 years, despite increasing demands from human rights organisations to release political detainees and improve human rights conditions, according to a report by an Egyptian rights group. The Arabic Network for Human Rights Information (ANHRI) said on Tuesday that the massive expansion in prison infrastructure in Egypt since the outbreak of the January 2011 revolution “did not contribute to the improvement of prisoners’ conditions, as inmates are subjected to severe violations and extremely difficult conditions”, Al-Quds Al-Arabi newspaper reported. Calls to release Egyptian student Ayman Moussa after spending nearly 8 years in prisonRead More »

Qatar Cancer Treatment Center launched in Burkina Faso

Qatar Cancer Treatment Center launched in Burkina Faso  13 Apr 2021 - 9:44 Minister of State H E Sheikh Hamad bin Nasser bin Jassim Al Thani, during inauguration of a functional radiotherapy centre in the city of Ouagadougou. QNA Ouagadougou: Minister of State H E Sheikh Hamad bin Nasser bin Jassim Al Thani, accompanied by highlevel delegation, and HE President of the Republic of Burkina Faso Rock Marc Christian Kaboré inaugurated a functional radiotherapy center in the city of Ouagadougou. The project is funded by Qatar Fund for Development (QFFD) in cooperation with the government of the Republic of Burkina Faso. The center’s mission is to enhance capabilities and improve the quality of cancer care in Burkina Faso, as well as to minimize seeking adequate treatment abroad and to reduce cancer-related deaths.

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