Reading Time: 2 minutes Australia: Sydney-based super fund Aware Super has acquired APG’s stake in aparthotel owner and operator The July.
Reading Time: 2 minutes Germany: Real estate investment manager ActivumSG has acquired a majority stake in Centralis, a German serviced apartment investment and development company, as it moves to scale the business into a €500 million (£434 million) platform.
Reading Time: 2 minutes Australia: Skye Suites Sydney, a five-star serviced-apartment property in Sydney’s CBD, has been sold to Furama Hotels International in what has been reported as the city’s largest hotel sale so far this year.
Reading Time: < 1 minute UK: Real estate investment firm and asset manager DTZ Investors has acquired the Staycity Aparthotels Edinburgh property for £12 million.
Reading Time: < 1 minute Australia: Serviced apartment property The Sebel West Perth Aire Apartments, located in Perth, has been sold to Capital Bay Investment Pty Limited for $18.88 million.
Reading Time: < 1 minute US: Sojourn LLC, the woman-owned flexible rental company, has acquired Salt Coast Hosts, a family-owned vacation rental company in Outer Banks, North Carolina.
Reading Time: < 1 minute US: Alternative asset manager Noble Investment Group has acquired 16 WoodSpring Suites through two portfolio transactions.
Reading Time: 2 minutes Singapore: Hong Kong-based rental accommodation provider Weave Living has acquired a freehold serviced apartment building at 12 Shan Road in Novena, Singapore, in partnership with BlackRock and Lian Beng Group.
Reading Time: < 1 minute US: Flexible-lease apartment network Landing has secured $180 million in debt financing to scale its multifamily platform.
Reading Time: < 1 minute UK: Global Hospitality Investment Group (GHIG) has provided a mezzanine loan to support the refinancing of Wilde by Staycity London Liverpool Street.
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July has opened its first UK property, a 114-key site, in London Victoria.
Reading Time: < 1 minute South Africa: The South African brand BlackBrick Aparthotels has joined forces with HotelREZ to help drive strategic growth in the corporate and leisure market.
Reading Time: 2 minutes Singapore: Aparthotel operator Cover Projects has opened The initial Sama, a 92-unit serviced apartment in in Singapore.Â
Reading Time: < 1 minute UK: Bristol-based serviced apartment brand Your Apartment has launched its sixth London property of the year in Lovat Lane.
Reading Time: < 1 minute UK: Luxury serviced apartment brand The Residence has appointed Wesley Moria as the company’s director of sales and revenue.
Reading Time: 2 minutes South Africa: Hospitality group Southern Sun has signed its first hotel and residences in the R5 billion (£209 million) Oceans Umhlanga mixed-use development.Â
Reading Time: 2 minutes US: Franchisor Landingplace Hotels has launched two midscale conversion brands, including an extended stay concept.
Reading Time: < 1 minute Worldwide: Serviced Apartment News has launched a global sentiment survey to assess how owners, operators, lenders, investors, suppliers and service providers feel about the current market.
Reading Time: 2 minutes India: Real estate developer Central Park has launched Selene, a tower of luxury serviced residences located in its Flower Valley township, South Gurugram.
Reading Time: 2 minutes Philippines: The Ascott Limited in partnership with Iconic Resorts Properties will open the Citadines Mactan Cebu Resort in 2028.