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City ID Lisbon

City ID acquires palace Baronesa in Lisbon

Isha Borkar 2 June 2023

Reading Time: < 1 minutePortugal: Amsterdam based hotel group City ID will transform the palace Baronesa, located in Largo Conde-Barao in Lisbon, into an 88-room aparthotel.

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Bob W

Bob W enters Germany with Charly Hospitality acquisition

Paul Stevens 20 April 2023

Reading Time: 2 minutesFinland / Germany: Tech-powered short-stay operator Bob W has entered the German market with the acquisition of apartment rental agency Charly Hospitality.

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LHN

LHN Group buys GSM Building for $80million

Isha Borkar 14 February 2023

Reading Time: < 1 minuteSingapore: Real estate company LHN Group has bought the GSM Building for $80 million to expand its serviced residences offering.

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Blueground

Blueground accelerates LatAm expansion with Tabas acquisition

Paul Stevens 18 November 2022

Reading Time: 3 minutesUS / 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.

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Ascott

ART to buy nine Ascott properties across five countries

George Sell 16 August 2022

Reading Time: 2 minutesSingapore: 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).

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Ascott Oakwood

Ascott cements position with Oakwood acquisition

George Sell 4 July 2022

Reading Time: < 1 minuteSingapore: 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.

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Radisson Choice

Choice to acquire Radisson’s Americas arm for $675 million

George Sell 14 June 2022

Reading Time: 2 minutesUS: Choice Hotels International has entered into a definitive agreement to acquire the franchise business, operations and intellectual property of Radisson Hotel Group Americas for approximately $675 million.

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Ascott China

Ascott acquires China and Netherlands properties

George Sell 23 March 2022

Reading Time: 2 minutesSingapore: The Ascott has acquired two properties in Ningbo, China and Amsterdam, the Netherlands for approximately $190 million.

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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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Zurich Locke

edyn acquires Zurich hotel for Locke conversion

George Sell 8 February 2022

Reading Time: < 1 minuteSwitzerland: edyn has acquired the Hotel Ascot in Zurich, which it will convert to its Locke lifestyle aparthotel brand.

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