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Ascott REIT to sell interest in Singapore serviced residence

George Sell 2 December 2019

Reading Time: < 1 minuteSingapore: A redevelopment of Liang Court in Singapore will see Ascott Reit sell part of its interest in Somerset Liang Court Singapore to developer CDL.

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AUD$200 million Brisbane tower to feature serviced apartments

George Sell 29 November 2019

Reading Time: < 1 minuteAustralia: Maple Development Group, a subsidiary of Chinese developer Peng Bo, has lodged plans for a $200 million apartment tower in central Brisbane.

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Ascott signs first Penang Ascott-branded property

George Sell 29 November 2019

Reading Time: 2 minutesMalaysia: The first Ascott-branded serviced residence – Ascott Gurney Penang – is set open in Q2021.

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No action over height of York aparthotel

George Sell 29 November 2019

Reading Time: < 1 minuteUK: City of York Council has decided to take no action after discovering a Roomzzz aparthotel is 25 centimetres taller than its planning permission allows.

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Aparthotel boom is biggest change in Dublin hotel market “in many years”

George Sell 28 November 2019

Reading Time: < 1 minuteIreland: A briefing about Dublin’s hotel market has head that the upsurge in development of aparthotels is the most significant structural change in the city‘s market in many years

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January decision for Limerick aparthotel development

George Sell 28 November 2019

Reading Time: 2 minutesIreland: A planning board hearing in to the €180 million Project Opera mixed-use scheme in Limerick is set to decide the scheme’s fate in late January.

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Dowling to head Staycity property development venture

George Sell 27 November 2019

Reading Time: 2 minutesIreland: Aparthotel operator Staycity Group has announced that its newly launched property development venture, Realstay Developments, will be headed up by Frank Dowling.

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room2 appoints Harris as strategic investment partner

George Sell 26 November 2019

Reading Time: 2 minutesUK: room2 has appointed Mark Harris, the former head of UK & Ireland and managing director at The Carlyle Group, as strategic investment partner.

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Quest honours franchisee and supplier of the year at NZ and Fiji conference

George Sell 25 November 2019

Reading Time: < 1 minuteNew Zealand: Quest Apartment Hotels has named its franchisee and supplier of the year at its New Zealand and Fiji Network Conference 2019.

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Kenyan investment firm opens first serviced apartment venture

George Sell 25 November 2019

Reading Time: < 1 minuteKenya: Cytonn, a financial investment company, has ventured into the serviced apartment industry to diversify its financial base. The firm’s CEO Edwin Dande said the

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