London calling
Felicity Cousins
2 March 2023
Reading Time: < 1 minute London aparthotels are now a prime target for investors seeking assets with high occupancy and low operating costs. Read more on SAN.
Jastar Capital buys Native Bankside
Isha Borkar
6 February 2023
Reading Time: < 1 minute UK: Jastar Capital has acquired the Native Bankside aparthotel for £40 million from vendor Create REIT.
The July reveals summer 2025 opening for London Victoria site
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July will open its first international property in London Victoria, scheduled to launch in July 2025.
Staycity acquires majority stake in Felix Group
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).
Apaleo secures €20 million in Series B funding round
Reading Time: 2 minutes Germany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.
Urban Rest expands in the UK with East London opening
Reading Time: < 1 minute UK: Flexible living operator Urban Rest has opened the first phase of its Hackney serviced apartment property in East London.
limehome plans to convert 3,000 apartments over next two years
Reading Time: 2 minutes Europe: Tech-enabled serviced apartment operator limehome is planning to convert 3,000 apartments from office and retail space over the next two years.
ASAP gears up for Annual Conference later this month
Reading Time: < 1 minute UK: The Association of Serviced Apartment Providers (ASAP), a trade body for the serviced apartment sector, will host its annual conference on Thursday 28 November 2024 in London.
LivAway Suites opens second US location in Washington
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has opened its second property in the United States, located in the Tri-Cities area of Washington.
AWH Partners expands in Colorado with dual-branded acquisition
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Forenom appoints country director for Sweden
Reading Time: < 1 minute Sweden: Corporate housing provider Forenom has appointed Erik Johnson as the group’s country director for Sweden, effective from the start of 2025.
SilverDoor promotes Neale to chief supply officer
Reading Time: < 1 minute Worldwide: Serviced apartment provider SilverDoor has promoted Alex Neale from SVP partner relationships to chief supply officer, effective immediately.