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Wyndham extended stay

Wyndham to launch economy extended stay brand

Emily Reilly 18 February 2022

Reading Time: < 1 minuteUS: Wyndham Hotels & Resorts is to launch the company’s first extended stay brand in the economy segment later this year.

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AKA West Palm Beach

AKA buys West Palm Beach apartments

Emily Reilly 18 February 2022

Reading Time: < 1 minuteUS: AKA has acquired the Current Apartments development in West Palm Beach, Florida.

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Island Hospitality Hilton

Island Hospitality to manage California extended stay hotel

Emily Reilly 18 February 2022

Reading Time: < 1 minuteUS: Island Hospitality Management has acquired the management of the 170-room Home2 Suites by Hilton Woodland Hills Los Angeles.

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Blaclstone Preferred Apartments

Blackstone to buy Preferred Apartments in $5.8 billion deal

George Sell 18 February 2022

Reading Time: < 1 minuteUS: A division of Blackstone is set to acquire multifamily housing owner/operator Preferred Apartment Communities Inc for $5.8 billion.

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Lavanda

Lavanda secures $7.25m to accelerate global growth

Paul Stevens 17 February 2022

Reading Time: 3 minutesUK: London-based proptech firm and flexible rental platform, Lavanda, has announced a fresh growth funding round of $7.25 million [approximately £5.3 million].

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Legal & General BTR

Legal & General to invest £2.5 billion in BTR projects

George Sell 16 February 2022

Reading Time: 2 minutesUK: Legal & General Retirement Institutional (LGRI) has announced plans to invest £2.5 billion of retirement funds into BTR schemes over the next five years.

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Brookfield PBSA

Brookfield acquires £94 million UK PBSA portfolio

George Sell 16 February 2022

Reading Time: 2 minutesUK: Brookfield, through one of its private real estate funds has acquired a 619-bed, PBSA portfolio from IP Investment Management and Glenmore Group.

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Cheval Chris Stewart

Cheval partners with Chris Stewart Group for first MY Locanda property

George Sell 16 February 2022

Reading Time: < 1 minuteUK: Cheval Collection has has signed a joint venture with Chris Stewart Group to open the first property under its MY Locanda brand in Glasgow.

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Frasers Cambodia

Frasers to open three properties in Cambodia

Emily Reilly 15 February 2022

Reading Time: < 1 minuteCambodia: Frasers Hospitality has signed three properties in Phnom Penh’s key commercial districts.

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Citadines Phnom Penh

Citadines makes Phnom Penh debut

Emily Reilly 15 February 2022

Reading Time: < 1 minuteCambodia: Ascott will launch its first Citadines-branded aparthotel in Phnom Penh next month.

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