News
NUMA purchases YAYS for undisclosed terms
Reading Time: 3 minutes Germany / Netherlands: Digital hospitality platform NUMA Group has announced the acquisition of Dutch serviced apartment platform YAYS from Proprium Capital Partners.
News
Sydney aparthotel on the market for $35 million
Reading Time: < 1 minute Australia: A group of 73 private owners has put Sydney’s Potts Point Central Apartment Hotel with price expectations of around $35 million.
News
City ID acquires palace Baronesa in Lisbon
Reading Time: < 1 minute Portugal: Amsterdam based hotel group City ID will transform the palace Baronesa, located in Largo Conde-Barao in Lisbon, into an 88-room aparthotel.
News
HALL arranges finance for Charleston aparthotel
Reading Time: < 1 minute US: Dallas-based HALL Structured Finance (HSF) has originated a new first lien construction loan totaling $38.7 million for the development of the ROOST Apartment Hotel located in Charleston, South Carolina.
News
Frasers Property launches fund management arm
Reading Time: < 1 minute Singapore: Frasers Property has announced the creation of a new business unit aimed at raising and managing capital from institutions for investment in the company’s real estate projects.
News
Rands to head up PKF’s Future of Hospitality Institute
Reading Time: 2 minutes UK: The PKF hospitality group has launched the Future of Hospitality Institute, a think tank for the hotel, living, tourism and leisure sectors, with former BridgeStreet development director Paul rands at the helm.
Industry News
City ID secures London site for first overseas aparthotel
Reading Time: 2 minutes UK: Dutch aparthotel operator City ID, in partnership with shareholders APG and Aware Super, has acquired a prime development site in London’s Victoria. The move forms part of a wider acquisition strategy which will see City ID invest more than €1 billion over the next five years to increase its
Industry News
Gem Hotels buys £70 million central London serviced apartments
Reading Time: < 1 minute UK: Gem Hotels has acquired Wardrobe Court in central London from British Land in a sales process run exclusively by CBRE.
Sustainability consultants
Sustainability consultants Abacus Consult Liverpool L36 6AW, United Kingdom. Tel: 0044 151 480 6161 Website: http://www.abacusconsult.co.uk/ Arup Sheffield S1 2HB, United Kingdom. Tel: 0044 114 272 8247 Website: https://www.arup.com/ Atkins Global London NW1 3AT, United Kingdom. Tel: 0044 207 121 2000 Website: https://www.atkinsglobal.com/en-GB Blue Sky Environmental Stockport, SK4 2GH, United Kingdom. Tel: 0044
Commercial agents
Commercial agents Alder King Gloucester GL3 4AA, United Kingdom. Tel: 0044 1452 623 290 Website: https://www.alderking.com/ Ashley Tate Bedford, MK44 3WF, United Kingdom. Tel: 0044 1234 831999 Website: http://www.ashleytate.co.uk Bettesworths Torquay TQ1 1BB, United Kingdom. Tel: 0044 1803 212021 Website: https://www.bettesworths.co.uk/ Blacks Business Brokers Limited Bury BL9 0DZ, United Kingdom. Tel: 0044 161