Bloomberg Accor SA, the biggest hotel operator in Europe, and Chinese conglomerate HNA Group Co. are among companies considering bids for Carlson’s hotel group, which includes the Radisson and Park Plaza brands, according to people with knowledge of the matter. Carlson Rezidor Hotel Group could fetch about $2 billion in a sale, and a buyer could be chosen as soon ...

BERLIN / Bloomberg Vonovia SE, the German property company that last month failed in an attempt to buy its largest competitor, said full-year profit more than doubled after it added properties and tapped new revenue sources. Funds from operations excluding sales, a measure of a real estate company’s ability to generate cash, rose to €608 million ($660 million) from €286.6 ...

MUMBAI / Bloomberg A rusty six-story steel structure surrounded by tin-sheet huts stands on a prime plot overlooking one of Mumbai’s largest open spaces of greenery: The horse-racing track in the city’s plush Mahalaxmi area. What was to be a soaring luxury skyscraper from DB Realty Ltd. has been languishing for more than five years, with the developer’s website still ...