Reading Time: < 1 minute UK: Real estate investment firm and asset manager DTZ Investors has acquired the Staycity Aparthotels Edinburgh property for £12 million.
Reading Time: < 1 minute US: Alternative asset manager Noble Investment Group has acquired 16 WoodSpring Suites through two portfolio transactions.
Reading Time: < 1 minute US: Flexible living operator Mint House has acquired residential hospitality company Locale.
Reading Time: < 1 minute US: Destination services and temporary living provider Dwellworks has acquired the US destination services and rental home-finding operations of CORT.
Reading Time: 2 minutes UK: Operator London Choice Apartments has acquired the independent luxury hotel The Royal in Ventnor, located on the Isle of Wight.
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).
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Reading Time: < 1 minute UK: European serviced apartment operator Ando Living Group has acquired London-based operator City Apartments, marking the group’s entry into the United Kingdom.Â
Reading Time: 2 minutes UK: Real estate private equity investment manager ActivumSG, on behalf of ActivumSG Fund VII, working with Global Hospitality Investment Group, has acquired Sutton Point for £21 million.
Reading Time: 4 minutes Short Term Rentalz editor Paul Stevens comments on the potential impact of Uber’s rumoured acquisition of Expedia.Â
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July has opened its first UK property, a 114-key site, in London Victoria.
Reading Time: < 1 minute South Africa: The South African brand BlackBrick Aparthotels has joined forces with HotelREZ to help drive strategic growth in the corporate and leisure market.
Reading Time: 2 minutes Singapore: Aparthotel operator Cover Projects has opened The initial Sama, a 92-unit serviced apartment in in Singapore.Â
Reading Time: < 1 minute UK: Bristol-based serviced apartment brand Your Apartment has launched its sixth London property of the year in Lovat Lane.
Reading Time: < 1 minute UK: Luxury serviced apartment brand The Residence has appointed Wesley Moria as the company’s director of sales and revenue.
Reading Time: 2 minutes South Africa: Hospitality group Southern Sun has signed its first hotel and residences in the R5 billion (£209 million) Oceans Umhlanga mixed-use development.Â
Reading Time: 2 minutes US: Franchisor Landingplace Hotels has launched two midscale conversion brands, including an extended stay concept.
Reading Time: < 1 minute Worldwide: Serviced Apartment News has launched a global sentiment survey to assess how owners, operators, lenders, investors, suppliers and service providers feel about the current market.
Reading Time: 2 minutes India: Real estate developer Central Park has launched Selene, a tower of luxury serviced residences located in its Flower Valley township, South Gurugram.
Reading Time: 2 minutes Philippines: The Ascott Limited in partnership with Iconic Resorts Properties will open the Citadines Mactan Cebu Resort in 2028.