Reading Time: 2 minutes UK: PBSA operator Study Inn Group has acquired a £22.6 million finance facility from Paragon Development Finance to develop a scheme on Triumph Road in Nottingham.
Reading Time: 2 minutes UK: The board of GCP Co-Living REIT has announced it will delay its initial public offering due to the situation in Ukraine.Â
Reading Time: < 1 minute UK: Oaktree Capital has partnered with Balance Out Living and will develop a £1 billion coliving portfolio in London before targeting Europe.
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: Brookfield, through one of its private real estate funds has acquired a 619-bed, PBSA portfolio from IP Investment Management and Glenmore Group.
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: < 1 minute UK: 301 coliving apartments aimed at millennials and graduates are to be built in Guildford town centre.
Reading Time: 2 minutes UAE: Dubai-based coworking platform Letswork has acquired Portugal-based Krow for an undisclosed sumt.
Reading Time: 2 minutes UK: Fund manager Moorfield has agreed to forward fund an 81-bed coliving scheme near Ealing Broadway.
Reading Time: < 1 minute Malaysia: The all-suite Birkin International Hotel has officially opened in Melaka along Klebang beach.
Reading Time: < 1 minute Australia: Flexible living operator Urban Rest has promoted Simon Farr to general manager for Australia.
Reading Time: < 1 minute US: Extended stay hotel brand LivAway Suites has expanded in Arizona, breaking ground on its fourth site in Tucson.
Reading Time: 3 minutes UK: Furniture and fit-out company David Phillips Furniture Limited has filed a notice of intent (NOI) to appoint administrators.Â
Reading Time: 2 minutes EMEA: Investor-operator Frasers Hospitality has appointed Darryl Walker as commercial director EMEA, a newly created position in the team.
Reading Time: < 1 minute Worldwide: Serviced apartment agent Synergy Global Housing has introduced the CarbonSMART tool to provide emissions reporting for its managed properties and supplier network.
Reading Time: < 1 minute Italy: Milan‑based proptech company Spacest.com has acquired the domain name, logo, and brand of TheHomeLike.com, formerly owned by German proptech Homelike, as part of its accelerated expansion across Europe.Â
Reading Time: < 1 minute UK: Family-owned business Sweeney Group has opened its second aparthotel in Aviemore.
Reading Time: 2 minutes Australia: Skye Suites Sydney, a five-star serviced-apartment property in Sydney’s CBD, has been sold to Furama Hotels International in what has been reported as the city’s largest hotel sale so far this year.
Reading Time: < 1 minute Ireland: Developer Dalespell Limited has received consent to increase the number of rooms and additional retail space for its aparthotel project on O’Connell Street in Limerick.