Reading Time: < 1 minute UK: Real estate agent Savills has been appointed to sell two central London C1 serviced apartment schemes located in The City of London and Farringdon for guide prices of £17 million and £11 million respectively.
Reading Time: 4 minutes Michael McCartan, area VP EMEA at IDeaS, comments on the projected growth of serviced apartments and aparthotels.
Reading Time: < 1 minute UK: European operator Staycity Group has acquired a 0.06-hectare site in Stratford, east London to develop a 240-unit aparthotel.
Reading Time: < 1 minute UK: Planning permission has been granted for an aparthotel at a Victorian era listed building in central Cardiff.
Reading Time: 4 minutes Martin Brage of Aptel looks at how serviced living has become one of the main growth areas in the hospitality sector and evaluates its potential for more expansion.
Reading Time: < 1 minute Hosted by SAN editor George Sell The webinar will cover an overview of current inventory and pipeline in the extended stay sector and discuss what is affecting supply and demand, including economy, building business, supply issues and trends. We will talk about – Cost of development – Planning systems –
Reading Time: 2 minutes ITALY: Hines, the global real estate firm, and Blue Noble, an international real estate investment manager, have confirmed a lease agreement with Starhotels to manage three apartment buildings in Florence.
Reading Time: 2 minutes Australia: Development company The Switch has opened its first project in Australia, a $70 million coliving concept in a 39-storey skyscraper in Perth’s CBD.
Reading Time: 2 minutes Europe: New research from Savills shows that European serviced apartment supply is forecast to expand by 21.2 per cent over the next three years.
Reading Time: 2 minutes UK: The latest Savills/ASAP sentiment survey has revealed that 80 per cent of respondents expect occupancy to recover fully by end of 2022, pointing to a recovery in the next eight months.