Reading Time: 2 minutes Singapore: CapitaLand Ascott Trust (CLAS) has secured a S$165 million sustainability-linked loan from bank OCBC.
Reading Time: 2 minutes US: CapitaLand Ascott Trust (CLAS) has acquired the remaining 10 per cent stake in Standard at Columbia, a student accommodation property in South Carolina.
Reading Time: 2 minutes Singapore: CapitaLand Ascott Trust (CLAS) has sold the Citadines Mount Sophia Singapore to Hong Kong-based owner-operator Weave Living and US-based asset manager BlackRock.
Reading Time: < 1 minute France: CapitaLand Ascott Trust (CLAS) has divested four Citadines properties in regional France to an unrelated third party for €44.4 million.
Reading Time: 2 minutes Kenya: CityBlue Hotels has opened its luxury beachfront property Kilua Residences in Mombasa, which caters to both short and long-term stays.
Reading Time: 2 minutes UK: Scottish property-letting company Eren Properties Scotland Limited has submitted plans to demolish a vacant warehouse at 254 Leith Walk, Edinburgh, and build an 11-unit aparthotel with a total of 28 bedrooms.
Reading Time: < 1 minute US: Real estate firm Noble Investment Group has appointed two directors of asset management across its extended stay and upscale select-service platforms.
Reading Time: < 1 minute Ukraine: TULIP Hotels & Residences, part of Louvre Hotels Group, has opened its first aparthotel in Ukraine located in Lviv.
Reading Time: 2 minutes Worldwide: Serviced apartment agent SilverDoor has reported an increase in demand from corporate travel and relocation clients for carbon emission data, following the launch of its Carbon Calculator in November 2023.
Reading Time: < 1 minute US: Property management system RMS has launched an upgraded version of its booking engine, introducing features aimed at simplifying the reservation process for both guests and accommodation providers.
Reading Time: < 1 minute Australia: Hyatt will launch its first House-branded extended stay hotel in Australia with a location in South Melbourne, set to open for arrivals on 1 July 2025.
Reading Time: < 1 minute UK: A collection of serviced apartments called Station Suites is set to open in central Middlesbrough this June under operation of RBH Hospitality Management.
Reading Time: 2 minutes UK: Real estate and investment company Lamington Group has signed a 250-year lease for Shire Hall in Cambridge.
Reading Time: < 1 minute Canada: Marriott has opened a dual-branded TownePlace Suites and Fairfield Inn hotel, located in Chilliwack.Â