Reading Time: 2 minutesUK: AXA Investment Managers – Real Assets is in advanced talks to buy the one million square Dolphin Square apartment block in London for around £850 million.
Reading Time: 3 minutesGermany: Reiner Nittka, CEO of Germany’s largest hotel real estate developer GBI AG, says serviced apartments “are coping much better” with the crisis than hotels.
Reading Time: < 1 minuteUS: Dwell Optimal, a company offering apartments to corporate clients will launch in late summer, in the New York City metropolitan area.
Reading Time: 2 minutesUK: Restrictions on overseas travel will be relaxed from July 6, ministers have said.
Reading Time: 2 minutesUS: Apartment rental company Sonder has raised US$170 million in a Series E round, which was led by Fidelity Funds, Westcap and Inovia Capital.
Reading Time: 2 minutesThailand: A report from property consultants JLL shows that serviced apartments in Thailand have fared better than their hotel counterparts during the pandemic.
Reading Time: < 1 minuteIn a letter to the PM, the chief executives of the three largest specialist retirement providers told Johnson that his Covid-19 recovery plan for the
Reading Time: 2 minutesChina: Hilton has signed a management license agreement with Country Garden to introduce and develop the Home2 Suites by Hilton brand in China.
Reading Time: < 1 minuteIndia: Bengaluru-based home rental startup NestAway’s coliving subsidiary The Hello World has acquired coliving provider StayAbode for an undisclosed sum.
Reading Time: 2 minutesUK: Research has revealed that 58 per cent of Brits have saved money during lockdown, with 36 planning to spend this towards holidaying at home.
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