Reading Time: < 1 minute US: Investment company The AltAccom Group has secured $4 million in acquisition financing for Alice Hall in Savannah, Georgia.
Reading Time: < 1 minute Korea: Proptech startup Dongnae, which provides apartment rental management services, has revealed plans to acquire Stevens, a South Korean company which operates the coliving business Dears.Â
Reading Time: < 1 minute UK: Serviced accommodation provider Synergy Global Housing has acquired five serviced apartments in Cork, Ireland.
Reading Time: < 1 minute US: Hamister Group has acquired the Homewood Suites by Hilton Newtown-Langhorne, from Pheasant Run Hotel for an undisclosed sum.
Reading Time: < 1 minute Portugal: Amsterdam based hotel group City ID will transform the palace Baronesa, located in Largo Conde-Barao in Lisbon, into an 88-room aparthotel.
Reading Time: 2 minutes Finland / Germany: Tech-powered short-stay operator Bob W has entered the German market with the acquisition of apartment rental agency Charly Hospitality.
Reading Time: < 1 minute Singapore: Real estate company LHN Group has bought the GSM Building for $80 million to expand its serviced residences offering.
Reading Time: 3 minutes US / LatAm: Furnished apartment rental company Blueground has entered into an agreement to acquire Brazilian proptech startup Tabas, marking the first acquisition in its near ten-year history.
Reading Time: 2 minutes Singapore: Ascott Residence Trust (ART) plans to acquire nine assets from its sponsor, The Ascott Limited, at an estimated cost of S$318.3 million (£191 million).
Reading Time: < 1 minute Singapore: Ascott, the largest operator of serviced apartments globally, will add around 15,000 units to its global inventory with the acquisition of Oakwood Worldwide from Mapletree Investments Pte Ltd.
Reading Time: 4 minutes Colin Laidlaw, VAT partner at Galloways Accounting, provides an updated overview of what the Upper Tribunal decision on the Sonder case means for the VAT treatment of serviced accommodation.
Reading Time: 2 minutes UK: In a second public consultation, plans have been updated for the first serviced apartment project Radisson will operate in the UK, located in Glasgow.Â
Reading Time: < 1 minute Morocco: Global owner-operator The Ascott Limited has expanded across North Africa, signing four Citadines aparthotels alongside one Ascott and one Unlimited Collection property.Â
Reading Time: < 1 minute US: Third-party operator Lodging Dynamics has promoted two members of its team to VP finance and director of business development.Â
Reading Time: < 1 minute Switzerland: Five-star serviced apartment provider Swiss Hotel Apartments has launched a set of properties in Engelberg and Lugano.
Reading Time: 2 minutes France:Â German property management company limehome has entered the French market, due to open 25 apartments in Paris Suresnes and 19 in the historic old town of Versailles within the next 12 months.
Reading Time: 2 minutes Worldwide: Cloud-based property management system RMS is supporting the tenth landmark Serviced Apartment Awards as gold sponsor.Â
Reading Time: 2 minutes Serviced apartment property PREMIER SUITES Edinburgh Fountain Court has achieved BREEAM In-Use certification with ‘Excellent’ rating.Â
Reading Time: 2 minutes The Planning Inspectorate has dismissed an appeal against the unauthorised use of 254-256 and 258 Belsize Road, north London, as serviced apartments for short-term lets.
Reading Time: < 1 minute The office of letting agency Dunpark, located in Edinburgh New Town, could be transformed into a boutique aparthotel.