Industry News

Deal struck for Melbourne serviced apartment building

Reading Time: < 1 minute Australia: Malaysian developer UEM Sunrise has struck a deal to sell its serviced apartments at Aurora Melbourne Central to student accommodation provider Scape Australia for $125 million.

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A sea change for Dubai

Reading Time: 2 minutes • Dubai has often been at the forefront of incredibly ambitious schemes in the hospitality and tourism markets, and this week the emirate’s nascent but healthy short-term rental space just burst in to life with two landmark deals. First, rentals provider Maison Privee signed a deal to manage a $100

Industry News

Sydney aparthotel bought by Yeh family

Reading Time: < 1 minute Australia: Sydney’s Yeh family has purchased the Seasons Harbour Plaza serviced apartment hotel in Sydney’s CBD through the first-ever NSW court-ordered strata renewal collective sale.