Industry News
Cycas sets its sights on Germany
Reading Time: 2 minutes UK: Cycas Hospitality is planning to add 4,000 extended stay units in Germany to its portfolio.
Features
Market spotlight: Germany
Reading Time: 4 minutes • How is the German serviced apartment market performing? “The market is performing very well. Compared with 2016 we have seen a 22 per cent increase in the number of units, to around 32,600 units in Germany. As the segment is growing we can see even more diversity of concepts.
Industry News
Ascott REIT to buy serviced apartment properties in Germany and Singapore
Reading Time: 2 minutes Singapore: Ascott Residence Trust has launched a rights issue to raise funds for serviced apartment property acquisitions.
Industry News
Staycity appoints Markus Beike as development director for Germany and CEE
Reading Time: 2 minutes Ireland: Former CBRE Hotels director Markus Beike has joined Staycity as development director for Germany and CEE.
Industry News
Vision Apartments announces new projects in Germany, Switzerland and Austria
Reading Time: 2 minutes Austria: Vision Apartments has announced real estate projects in Basel, Lausanne, Berlin and Vienna.
Industry News
GBI AG is Germany’s largest hotel developer, helped by serviced apartment and mixed-use projects
Reading Time: < 1 minute Germany: Berlin-based developer GBI AG has the largest volume of space under construction in Germany’s hotel segment, according to a recent study.
Features
Talking Business: Anett Gregorius, Boardinghouse Consulting and Apartmentservice Germany
Reading Time: 3 minutes • How did you come to be involved in the serviced apartment industry? “I would call it a lucky coincidence. While searching for a topic for my diploma thesis I stumbled across the serviced apartment sector, which was at this time a true niche segment and hardly known. Interested by
Industry News
Frasers debuts Capri brand in Germany
Reading Time: < 1 minute Germany: Frasers Hospitality has opened its first German Capri property in Frankfurt.
Industry News
Staycity acquires majority stake in Felix Group
Reading Time: 2 minutes Germany: Dublin-based aparthotel operator Staycity Group has acquired a majority stake in the Felix Group, owned by Munich-based real estate developer Denkmalneu Group (DMN).
Supplier News
Apaleo secures €20 million in Series B funding round
Reading Time: 2 minutes Germany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.