Reading Time: 2 minutes UK: A Grade II listed vacant hotel in central London with planning consent for a change of use to residential or serviced apartments has been bought to market with a guide price of £29.5 million.
Reading Time: 2 minutes UK: Queensgate Investments has withdrawn its planning application for the £1 billion redevelopment of the Kensington Forum hotel, which included serviced apartments and residential units.
Reading Time: 2 minutes UK: The number of completed build-to-rent homes was up 23 per cent in 2020, according to the latest British Property Federation (BPF) statistics.
Reading Time: < 1 minute Hong Kong: Serviced apartment operators are cutting rates and offering incentives in a bid to boost pandemic-hit occupancy rates.
Reading Time: 3 minutes UK: room2 has completed the sale and leaseback of its flagship Southampton property, to a fund managed by Aberdeen Standard Investments (ASI), the UK’s largest active asset manager.
Reading Time: 2 minutes UK: Sentiment in the serviced apartment sector has improved considerably since June 2020, according to the latest survey by Savills and ASAP.
Reading Time: < 1 minute Vietnam: The average rent for serviced apartments in Ho Chi Minh City has fallen to a five-year low, according to data from Savills.
Reading Time: < 1 minute UK: Clarendon Apartments has appointed Savills to sell 140 Minories, a 14-key serviced apartment freehold property in the City of London.
Reading Time: 4 minutes The webinar was one of a regular series hosted in the run up to URBAN LIVING FESTIVAL 2020: stay-live-work, which takes place on 25-26 November at Tobacco Dock in London. Joining Sell in the discussion were Eliza Liepina, head of product and business development in alternative accommodations at Round Hill Capital,
Reading Time: 2 minutes Australia: Research from Savills has identified Perth as an ideal location for coliving developments.