Corrects text to specify the amount for the acquisition and extension works..Hispania Activos Inmobiliarios SOCIMI SA : Says buys NH Malaga hotel for 41 million euros ($43.8 million) .Pays 23 million euros for acquisition and to perform extension works for additional 18 million euros.
Bonvests Holdings Limited - : Disposal Of Properties By Subsidiaries . Units entered into sale and purchase agreements With Hsbc Institutional Trust Services as trustee of Frasers Centrepoint Trust .Aggregate consideration of disposal shall be for sum of s$37.8 million.
Orascom Development Holding AG :Signs a three years' rental agreement for 3.3 million euros ($3.70 million)per annum with FTI Group for 3 hotels in Makadi through its Egyptian subsidiaries..
Itc Properties Group Ltd <0199.HK>: Company and treasure generator entered into subscription agreement with credit suisse and sun hung kai as joint lead managers . Issue of U.S.$200 mln 4.75 pct senior guaranteed notes due 2021 guaranteed by company .Estimated net proceeds from notes issue will amount to approximately U.S.$194.7 mln.
Accor Sa :Says assets of the separate subsidiary hotelinvest estimated to be worth 6.5 billion euros.
Carnival Corporation : Signs agreement with shell to fuel world's first LNG-powered cruise ships . Shell will supply co's AIDA Cruises and Costa Cruises brands with fuel for two new LNG-powered ships expected to launch in 2019 . 2 of new LNG-powered ships designated for Cruise Brand, Carnival Cruise Line, with delivery dates expected in 2020 and 2022 . Remaining two vessels will also be built for Costa Cruises and Aida Cruises brands and are expected to enter service in 2021 .One new ship is designated for P&O Cruises UK with an expected delivery date in 2020.
Morgans Hotel Group Co : Expecting to close on transaction in Q4 of 2016 . Says proposed merger with sbe received approval of approximately 71 pct of outstanding shares of common stock of morgans . Merger is subject to assumption of Morgans mortgage debt by SBE, as well as other customary closing conditions .Of 25,170,480 votes cast, 24,715,378 shares, or 98 pct, voted in favor of SBE merger.
Marriott International Inc - :Says completed its acquisition of starwood hotels & resorts worldwide inc.