Reading Time: 2 minutes WORLDWIDE: Ascott Residence Trust (ART) has released figures to show its long stay properties are aiding its strong recovery.
Reading Time: 2 minutes Japan: Ascott Residence Trust (ART) will invest around JPY 10.4 billion (£70 million) to acquire four rental housing properties and its first student accommodation property in Japan.
Reading Time: 3 minutes Singapore: Ascott Residence Trust (ART) has been recognised for its “outstanding leadership in sustainability” in the 2021 Global Real Estate
Reading Time: 2 minutes Germany: Real estate investment manager ActivumSG has acquired a majority stake in Centralis, a German serviced apartment investment and development company, as it moves to scale the business into a €500 million (£434 million) platform.
Reading Time: < 1 minute Greece: YOTEL will launch YOTELPAD Athens, a 113-key aparthotel set across three separate, centrally located buildings in the Greek capital, marking the brand’s debut in Greece.
Reading Time: < 1 minute UK: Plans have been approved to transform a city centre building in Newcastle into serviced apartments, with the site now brought to market by estate agency Knight Frank on behalf of owner Monument Real Estate.Â
Reading Time: < 1 minute UK: Plans have been submitted to transform a pub in Hebden Bridge, Yorkshire, into an aparthotel, giving the site a new lease of life if approved.
Reading Time: < 1 minute India: Real estate and lodging company Ascott will open a Oakwood-branded serviced residence in Tirupati, Andhra Pradesh, through a partnership with KBR Homes India Private Limited.
Reading Time: 2 minutes UK: Luxury serviced apartment business Inverness City Suites has relaunched to market with Savills at a guide price of….
Reading Time: < 1 minute Malaysia: The all-suite Birkin International Hotel has officially opened in Melaka along Klebang beach.
Reading Time: < 1 minute Australia: Flexible living operator Urban Rest has promoted Simon Farr to general manager for Australia.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has expanded in Arizona, breaking ground on its fourth site in Tucson.
Reading Time: 3 minutes UK: Furniture and fit-out company David Phillips Furniture Limited has filed a notice of intent (NOI) to appoint administrators.Â