Dalata sells Clayton Hotel Charlemont, Dublin to Deka 

German real estate fund Deka Immobilien is acquiring the 187-room Clayton Hotel Charlemont in Dublin, Ireland from owner operator Dalata for €65 million (€348,000 per room). The property, developed by Dalata, will continue to be operated by the Irish hotel group under a 35-year fully repairing and insuring lease agreement, with five-yearly rent reviews. The price represents a reported yield of 4.7%, and includes a rent-free period for one year.

Covivio sells German B&B portfolio 

French publicly traded real estate investor Covivio has announced the sale of 11 B&B Hotels encompassing 1,145 rooms across Germany, for €115 million (€100,000 per room). The properties, located in key markets such as Munich, Hamburg and Stuttgart, are all budget hotels with limited facilities in addition to their core guestroom product, and are managed by B&B Hotels under lease agreements. 

Disclaimer: Information provided above has been gathered from various market sources. HVS has not independently verified the accuracy of the information provided. Interested parties should not rely on the information as statement of facts and are advised to make their own independent checks to verify the information provided. For further information, please feel free to contact HVS London.