Reading Time: 2 minutes UK: BTR operator Way of Life has today launched the first guest suites at The Gessner, a “hospitality-inspired residential offer” in Tottenham Hale, north London.
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: < 1 minute US: A division of Blackstone is set to acquire multifamily housing owner/operator Preferred Apartment Communities Inc for $5.8 billion.
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: < 1 minute Spain: The four-star Punta Calera Aparthotel has opened in the coastal town of Los Alcázares.
Reading Time: < 1 minute Germany: Aparthotel operator Adagio has opened its 12th property in Germany, located in Stuttgart, as part of the brand’s strategy to expand within the DACH region (Germany, Austria, Switzerland).
Reading Time: 2 minutes UK: Corporate accommodation platform AltoVita has unveiled its guest experience app AltoStay, set to launch in Q4 2025.
Reading Time: 2 minutes UK: Digital hospitality platform NUMA has expanded in the UK with a launch this summer in Brighton, its first in the coastal city.Â
Reading Time: 2 minutes UK: Trade bodies the Association of Serviced Apartment Providers (ASAP), the Professional Association of Self-Caterers UK (PASC UK), and the Association of Scotland’s Self-Caterers (ASSC) will work together to address shared legislative and regulatory challenges.
Reading Time: 2 minutes Australia: The Government of Western Australia has purchased the former Fraser Suites Perth for $105 million to be repurposed into affordable social housing.Â
Reading Time: 2 minutes US: Francis Davidson, co-founder and former CEO of Sonder, has stepped down from the company this week with chairperson of the board Janice Sears holding an interim CEO title.
Reading Time: < 1 minute US: Hospitality technology provider RMS has appointed Chetan Arjun as its chief financial officer to support the company’s next phase of global expansion.
Reading Time: 2 minutes Denmark: Tech-powered aparthotel operator Bob W has signed a long-term lease for a 7,500 square metre property in Copenhagen’s Meatpacking District, one of the company’s largest deals to date.
Reading Time: < 1 minute US: Flexible hospitality operator Mint House has opened its first aparthotel in Washington DC, housed in a former office.