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 Worldwide: Serviced Apartment News has launched a global sentiment survey to assess how owners, operators, lenders, investors, suppliers and service providers feel about the current market.
Reading Time: 2 minutes India: Real estate developer Central Park has launched Selene, a tower of luxury serviced residences located in its Flower Valley township, South Gurugram.
Reading Time: 2 minutes Philippines: The Ascott Limited in partnership with Iconic Resorts Properties will open the Citadines Mactan Cebu Resort in 2028.
Reading Time: < 1 minute US: Construction is set to begin on the Element by Westin extended stay hotel in Medford late August, located near Pear Blossom Park.
Reading Time: 2 minutes Oman: The Sustainable City – Yiti, a coastal development overlooking the Gulf of Oman, has launched its luxury serviced residential offering The Arc.Â
Reading Time: < 1 minute US: TownePlace Suites, an extended stay hotel brand from Marriott, has opened a newly constructed property in Bozeman.
Reading Time: 2 minutes US: Franchisor Choice Hotels has rolled out two marketing campaigns designed to spotlighting its four extended stay brands.
Reading Time: < 1 minute US: Extended stay hotel brand Extended Stay America has launched Client Connect, a business travel programme designed exclusively for extended stay business travellers in the US.Â
Reading Time: 2 minutes Australia: Sydney-based super fund Aware Super has acquired APG’s stake in aparthotel owner and operator The July.
Reading Time: < 1 minute Europe: Adina Apartment Hotels has achieved full Green Key certification across its 18 properties in Europe.