• Reits to drive Americas deals up 25%

Hotel transactions in the Americas will rise by up to 25% this year, driven by Reits and foreign investors, according to Jones Lang LaSalle Hotels.

Transactions could total $13bn, up from around $10.5bn in 2010. "Due to additional capital raises, Reits are expected to continue to be dominant buyers in 2011, and private equity groups and institutional investors will increasingly join the mix as leverage levels and terms improve," Arthur Adler, MD and Americas CEO.

See the full story here:
http://www.bloomberg.com/news/2011-01-04/hotel-deals-in-americas-to-climb-25-as-reits-buy-jones-lang-lasalle-says.html

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