Azora has bought a 50.1% stake in Greece’s Donkey Hotels, adding five luxury properties including NOUS Santorini and the Athenaeum Intercontinental. The partners plan portfolio upgrades and further acquisitions in Greece’s booming hospitality sector.
BlackRock is set to expand its private real estate business with a deal to acquire US-based net-lease specialist ElmTree Funds, bringing $7.3 billion in assets under its wing.
From buying his first property as a child to leading one of Singapore’s most prominent real estate firms, Kishin RK’s journey blends inherited legacy with sharp business instincts and independent ambition.
King Street Capital Management has successfully rounded off fundraising for its newest European real estate venture, pulling in a hefty $950m (€807.4m) for its European Real Estate Special Situations Fund II, better known as ESS II. The fund, which wrapped up at its hard cap within just a year, has drawn backing from a wide mix of global investors spanning North America, Europe, Asia, and the Middle East.
Demand across the Philippines’ office, residential, industrial and tourism property sectors continues to grow, with the country emerging as one of Asia’s more resilient markets for long-term investment.
Amsterdam-based hospitality tech startup Tebi has raised €30 million in new funding led by CapitalG, Alphabet’s independent growth fund. The investment comes just six months after Tebi’s €20 million Series A and will support the company’s global expansion, product development, and team growth. Tebi offers an all-in-one, mobile-first financial operating system for hospitality businesses, streamlining everything from point of sale and payments to reservations, inventory, and kitchen management. The company also announced its entry into the UK market, marking the next step in its international rollout.
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