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 Northern Ireland: Aparthotel operator Staycity will expand into Northern Ireland having signed a lease agreement with owner Lotus Property to operate a £20 million project in Belfast City Centre.
Reading Time: < 1 minute Saudi Arabia: Hospitality group Radisson has partnered with master developer Knowledge Economic City (KEC) for two Park Inn by Radisson hotels and serviced apartments in Madinah.Â
Reading Time: < 1 minute Germany: Tech-powered hospitality operator Bob W will launch a 52-unit aparthotel in a former post office building in Dortmund.
Reading Time: < 1 minute Worldwide: Hospitality property management platform RMS has named Adam Seskis as its CEO.
Reading Time: < 1 minute France: Luxury hotel operator Maybourne will open a property in the Parisian quarter of Saint-Germain-des-Prés, featuring 101 hotel rooms and 23 branded residences.Â
Reading Time: < 1 minute UK: Serviced apartment group Cheval Collection has named Ian James as general manager for two of its London sites.
Reading Time: < 1 minute UK: Serviced living consultancy Saxbury has named Andrew Shaw to lead its development advisory for aparthotel projects.
Reading Time: < 1 minute US: Extended stay brand LivAway Suites with developer West77 Partners has begun construction on its latest property in Glendale, Arizona.Â
Reading Time: < 1 minute US: Upper-midscale, extended-stay brand My Place Hotels of America has opened a 94-unit property in Henderson, Nevada.Â
Reading Time: < 1 minute UK: Watkin Jones, a developer and manager of rental residential properties, has partnered with a private investment group for the construction of a 260-unit aparthotel in Southwark, London.