Reading Time: < 1 minute Germany: Serviced apartment operator smartments has opened a 160-unit property in the Hamburg district of Hamm, marking the debut of its new lobby concept. The six-storey building at Luisenweg 9 comprises 149 studios, seven XL studios and four apartments. Each unit features a kitchenette, smart TV, desk and free high-speed
Reading Time: 2 minutes Worldwide: The Ascott Limited, the wholly owned lodging business unit of CapitaLand Investment, now has around 50 resort properties in operation and under development globally.
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 Australia: Sydney-based super fund Aware Super has acquired APG’s stake in aparthotel owner and operator The July.
Reading Time: < 1 minute Europe: Adina Apartment Hotels has achieved full Green Key certification across its 18 properties in Europe.
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: < 1 minute US: Real estate investment group Cascade Investment has secured a $110 million interest‑only, five‑year fixed‑rate loan from PGIM Real Estate for the refinancing of Asher Residences in Tampa. Cascade received the five-year, interest-only, fixed-rate loan from PGIM Real Estate. Asher Residences is a 22-storey building that forms part of the wider
