Reading Time: 2 minutes UK: Legal & General Retirement Institutional (LGRI) has announced plans to invest £2.5 billion of retirement funds into BTR schemes over the next five years.
Reading Time: 2 minutes UK: NatWest and Leumi UK will provide debt packages to support EQT Exeter and Sigma Capital’s residential joint venture to bring affordable new rental homes to Greater London
Reading Time: 2 minutes UK: Realstar and Lendlease have agreed forward funding for BTR units at Deptford Landings in south-east London.
Reading Time: < 1 minute UK: L&G’s suburban BTR division has acquired a development in Great Haddon, Peterborough from developer Countryside.
Reading Time: 2 minutes US: BTR developer and operator Cortland has appointed Jason Kern as president of investment management, a new role created to support the firm’s growth in the US and overseas.
Reading Time: < 1 minute UK: Amro Partners, in partnership with Flemyn LLP, has acquired the Croydon Park Hotel in south London for a £200 million GDV BTR development.
Reading Time: 2 minutes UK: Crosslane Residential Developments has unveiled proposals for a major BTR development at Ocean Point 2, next to Ocean Terminal in Leith, two miles from Edinburgh city centre.
Reading Time: 11 minutes SAN editor George Sell focuses on six trends which will resonate across real estate and hospitality in 2022.
Reading Time: 2 minutes UK: High Street GRP, a Newcastle-based BTR developer largely funded by retail investors, has been placed in administration. The company
Reading Time: 2 minutes UK: Greystar has formed a strategic partnership with a wholly owned subsidiary of the Abu Dhabi Investment Authority of up
Reading Time: 2 minutes Germany: Tech-powered hospitality operator Bob W has signed three long-term lease agreements with a private landlord in Munich.
Reading Time: < 1 minute UK: Operator Your Apartment has opened 14 serviced apartments in London’s King’s Cross.Â
Reading Time: < 1 minute US: Upper-midscale, extended-stay brand My Place Hotels of America has opened its latest property in St Joseph, Missouri.Â
Reading Time: < 1 minute France: Aparthotel brand Adagio, part of Accor, has appointed Sophie Mestiri as chief human resources officer and member of the executive committee.
Reading Time: < 1 minute Europe: Operator Cycas Hospitality has promoted Philip Steiner to chief operating officer for the UK, Ireland, Netherlands and Portugal.
Reading Time: < 1 minute India: Serviced accommodation agent Synergy Global Housing has appointed Pooja Patil as head of business development in India, based in Bengaluru.Â
Reading Time: < 1 minute UK: Investment group 3 Sigma Ayr, of which footballer Ian Henderson serves as a director, is set to break ground on its Coatbridge aparthotel this quarter.Â
Reading Time: 2 minutes Worldwide: Serviced apartment agent CAP Worldwide has named Lorna Keen as its global sales operations director.
Reading Time: 2 minutes US: Management company The Hotel Group and developer TE Miller Development LLC have topped out the Home2 Suites by Hilton Kalispell, Montana.Â
Reading Time: < 1 minute UK: Developer North Star (York) Ltd has entered administration, leaving its York serviced apartment project without a roof.