Unibail-Rodamco announces that it has signed an agreement with Perella Weinberg Real Estate Fund I (PWREF) to acquire a 51% stake in the holding company owning 90.4% of mfi AG, Germany's second largest shopping center operator, investor and developer. In addition, the Group has agreed to acquire from PWREF 50% of Ruhr-Park, one of the largest shopping centers in Germany. The transaction The total value of underlying real estate assets within the scope of the transaction amou
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Mercure, Accor’s brand of midscale hotels with individual styles and personalities, celebrated the opening of its first hotel in Russia, the Mercure Arbat Moscow. The hotel, which is owned by ARD, is operated by Accor under a management contract.The hotel is ideally located in the city’s historic district in a pedestrian street famous for its artists’ workshops, boutiques, cafés and restaurants. It has 109 rooms, including 18 Privilege rooms and four Suites. The hotel has a
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