Ascott brand reaches 17,400 units with latest signings

Ascott brand reaches 17,400 units with latest signings

Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging arm of CapitaLand Investment, has reached 17,400 Ascott-branded units, both operational and in the pipeline, with 11 signings over the past 16 months across Asia, Africa and the Middle East.

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Ascott Oakwood

Ascott signs 16 Oakwood properties in 2024

Reading Time: 2 minutes Worldwide: The Ascott Limited, the lodging business unit wholly owned by CapitaLand Investment, signed 16 Oakwood properties in 2024, representing a 30 per cent increase over the previous year.

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Ascott Oakwood

Ascott expands Oakwood by 20 per cent

Reading Time: 2 minutes Singapore: The Ascott Limited, a lodging business owned by CapitaLand, has grown the Oakwood portfolio by 20 per cent, expanding to 48 cities with a total of nearly 18,000 units.

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Somerset Sustainability Passport Programme

Ascott launches Somerset Sustainability Passport Programme

Reading Time: 2 minutes Worldwide: The Ascott Limited (Ascott), a lodging business unit wholly owned by CapitaLand Investment (CLI), has introduced the Somerset Sustainability Passport Programme featuring activities, wellness programmes and community initiatives at Somerset properties globally.

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ActivumSG Centralis
ActivumSG buys stake in Centralis to build €500 million platform

Reading Time: 2 minutes Germany: Real estate investment manager ActivumSG has acquired a majority stake in Centralis, a German serviced apartment investment and development company, as it moves to scale the business into a €500 million (£434 million) platform.

YOTEL to launch first Greece property with YOTELPAD Athens
YOTEL to launch first Greece property with YOTELPAD Athens

Reading Time: < 1 minute Greece: YOTEL will launch YOTELPAD Athens, a 113-key aparthotel set across three separate, centrally located buildings in the Greek capital, marking the brand’s debut in Greece.

Newcastle serviced apartment market
Consented Newcastle serviced apartment project brought to market

Reading Time: < 1 minute UK: Plans have been approved to transform a city centre building in Newcastle into serviced apartments, with the site now brought to market by estate agency Knight Frank on behalf of owner Monument Real Estate. 

Hebden Bridge pub aparthotel
Plans submitted to turn Yorkshire pub into aparthotel

Reading Time: < 1 minute UK: Plans have been submitted to transform a pub in Hebden Bridge, Yorkshire, into an aparthotel, giving the site a new lease of life if approved.

Ascott Tirupati
Ascott launches 120‑unit Oakwood aparthotel in Tirupati

Reading Time: < 1 minute India: Real estate and lodging company Ascott will open a Oakwood-branded serviced residence in Tirupati, Andhra Pradesh, through a partnership with KBR Homes India Private Limited.

Inverness City Suites rehits market
Inverness City Suites back on the market for £3.6 million

Reading Time: 2 minutes UK: Luxury serviced apartment business Inverness City Suites has relaunched to market with Savills at a guide price of….

Birkin International Hotel officially opens in Malaysia
Birkin International Hotel officially opens in Malaysia

Reading Time: < 1 minute Malaysia: The all-suite Birkin International Hotel has officially opened in Melaka along Klebang beach.

Urban Rest Australia
Urban Rest appoints general manager for Australia

Reading Time: < 1 minute Australia: Flexible living operator Urban Rest has promoted Simon Farr to general manager for Australia.

LivAway Suites breaks ground on fourth site in Tucson
LivAway Suites breaks ground on fourth site in Tucson

Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has expanded in Arizona, breaking ground on its fourth site in Tucson.

David Phillips Furniture Limited files NOI to appoint administrators
David Phillips Furniture Limited files NOI to appoint administrators

Reading Time: 3 minutes UK: Furniture and fit-out company David Phillips Furniture Limited has filed a notice of intent (NOI) to appoint administrators.