Reading Time: < 1 minute Australia: Construction is underway at the $40 million mixed-use Quest Bairnsdale on Dalmahoy Street, with a projected opening date in summer 2025.
Reading Time: < 1 minute India: Construction company Leighton Asia has secured a $87 million contract by property developer Elan Group for a mixed-use serviced apartment project in Gurgaon, India.
Reading Time: < 1 minute UK: Bristol City Council has granted planning permission for a mixed-use aparthotel, hotel and BTR scheme in Temple Quarter.
Reading Time: < 1 minute Malaysia: Developer Paragon Globe Berhad has signed development rights for its first serviced apartment project in Johor Bahru, in the Tropicana Danga Bay master plan.
Reading Time: < 1 minute UK: B-Corp real estate investor and developer Lamington Group will begin development on its room2 York site this summer with a scheduled launch in 2026.
Reading Time: < 1 minute UK: Cambridge Road Real Estates Ltd has submitted plans to Bradford Council to construct a 104-bed aparthotel on the site of a former warehouse on Sunbridge Road.
Reading Time: < 1 minute US: Real estate investment firm Peachtree Group has received approval from the United States Citizenship and Immigration Services (USCIS) for the development of Home2 Suites Boone, North Carolina.
Reading Time: < 1 minute Germany: Developer GBI Group has broke ground on its latest SMARTments connect project, located in Bielefeld.
Reading Time: 2 minutes Europe: Digital hospitality platform NUMA Group has grown its portfolio to 5,850 units in 32 cities and 14 countries, reaching a total €2 billion assets under management.
Reading Time: < 1 minute France: Aparthotel operator Staycity Group will debut its Wilde brand in France, located in Bordeaux’s Canopia district with an opening scheduled in 2026.
Reading Time: < 1 minute UK: Lifestyle aparthotel brand The July will open its first international property in London Victoria, scheduled to launch in July 2025.
Reading Time: 2 minutes Germany: Dublin-based aparthotel operator Staycity Group has acquired a majority stake in the Felix Group, owned by Munich-based real estate developer Denkmalneu Group (DMN).
Reading Time: 2 minutes Germany: API-first open property management platform Apaleo has announced that it has raised €20 million in a growth equity investment [Series B funding] round.
Reading Time: < 1 minute UK: Flexible living operator Urban Rest has opened the first phase of its Hackney serviced apartment property in East London.
Reading Time: 2 minutes Europe: Tech-enabled serviced apartment operator limehome is planning to convert 3,000 apartments from office and retail space over the next two years.
Reading Time: < 1 minute UK: The Association of Serviced Apartment Providers (ASAP), a trade body for the serviced apartment sector, will host its annual conference on Thursday 28 November 2024 in London.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has opened its second property in the United States, located in the Tri-Cities area of Washington.
Reading Time: < 1 minute US: Investment firm AWH Partners has acquired the dual-branded Residence Inn and Fairfield Inn & Suites, located in Broomfield, Colorado.
Reading Time: < 1 minute Sweden: Corporate housing provider Forenom has appointed Erik Johnson as the group’s country director for Sweden, effective from the start of 2025.
Reading Time: < 1 minute Worldwide: Serviced apartment provider SilverDoor has promoted Alex Neale from SVP partner relationships to chief supply officer, effective immediately.