Reading Time: < 1 minute In this paper we examine the serviced apartment markets within the Middle East and Africa (MEA) region, paying particular attention to the growth in popularity of the concept, the rise in the sale of units as branded residences, the market dynamics in respective markets, and key performance indicators. We also
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Reading Time: 7 minutes UK: UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances that was estimated by the Office for Budget Responsibility [OBR].
Reading Time: < 1 minute Indonesia: New research from Colliers predicts that four upcoming projects will take Jakarta’s serviced apartment inventory to 7,793 by the end of 2025.
Reading Time: 4 minutes UK: The Labour Party has secured a landslide victory and majority in the UK General Election, winning more than 326 of the 650 seats needed to gain a majority in the UK Parliament. At the time of writing, with three constituencies still to declare, Labour has secured 412 seats in
Reading Time: 2 minutes US: Corporate accommodation and relocation platform 3Sixty has appointed Dan Duryea as chief financial officer and Shannon Hickey as VP of global services.
Reading Time: 5 minutes UK: In the Spring Budget 2024, Chancellor Jeremy Hunt revealed the government will freeze alcohol duty and cut National Insurance, as well as raise the VAT threshold for small businesses to £90,000.
Reading Time: < 1 minute UK: Real estate agent Savills has been appointed to sell two central London C1 serviced apartment schemes located in The City of London and Farringdon for guide prices of £17 million and £11 million respectively.
