Investors looking for exposure to UK real estate have two more options to choose from after the listing of Redefine International spin-off International Hotel Group and mall owner Capital & Regional.

International Hotel Group Limited is looking to become a GBP200m net asset value property company in the next three years.

Redefine BDL plans to have 100 hotels in its management portfolio in 2 years' time strengthening its position as the largest hotel manager in the UK.

Wednesday, 25 September 2013 11:45

Redefine International seeks to boost image in UK

Redefine International sees the move as part of a broader strategy to address negative market perceptions and raise the company’s profile in the UK.

Falling bookings from SA's traditional international arrivals and local business in the downturn exposed hotel oversupply after the 2010 soccer World Cup. 

Redefine Hotels and BDL Management have today announced a merger between the two companies to create Redefine BDL Hotels. The merger will create the largest independent hotel management company in the UK with 60 hotels under management, representing 6,700 rooms. 

Tuesday, 11 November 2003 02:00

Southern Sun to run new Rwandan hotels

The Rwandan government has contracted South Africa's Southern Sun Hotels to manage two new hotels for 15 years

 

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