Reading Time: 3 minutes UK: A new joint venture between tech-powered hospitality operator Bob W and Osborne+Co Investment Management [OCIM], the in-house investment management arm
Reading Time: 2 minutes China and Japan: Serviced apartment and hotel residences operator, Frasers Hospitality, has formed joint ventures with two real estate firms to acquire rental apartments in Shenzhen and Osaka.
Reading Time: 2 minutes Singapore: The Ascott Limited (Ascott) has established a development venture totalling US$150 million in committed equity to develop student accommodation assets in the USA.
Reading Time: 2 minutes UK: Bricks Group and Tristan Capital Partners have created joint venture, with aims to manage £750 million of PBSA assets.
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.