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Riverstone appoints new chair ahead of London investment push

George Sell 15 June 2020

Reading Time: < 1 minuteUK: Senior living operator Riverstone has appointed Penny Hughes as chair in preparation for a £3 billion expansion in London.

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Hmlet launches ‘heritage properties’ in Singapore

George Sell 14 June 2020

Reading Time: < 1 minuteSingapore: Coworking operator Hmlet has launched a collection of ‘heritage properties’, adding 80 furnished rooms in Tiong Bahru and 12 in Emerald Hill.

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WeWork looks to shelve coliving division

George Sell 10 June 2020

Reading Time: < 1 minuteUS: WeWork is looking to wind down its WeLive coliving project, according to media reports.

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Planning consent for Brighton’s first purpose-built coliving scheme

George Sell 8 June 2020

Reading Time: < 1 minuteUK: Brundell Property Group has been given the green light for Brighton’s first purpose-built coliving development after two years of negotiations with the local authority.

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WeWork to invest $100 million in Indian division

George Sell 8 June 2020

Reading Time: < 1 minuteIndia: WeWork India is set to raise US$100 million from WeWork Global to invest in the sustainable growth of its business.

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Workspace profits halved by Brexit uncertainty

George Sell 7 June 2020

Reading Time: 2 minutesUK: Workspace Group has seen a 47 per cent drop in pre-tax profits in its due to uncertainty around Brexit and the general election.

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Graham gets go ahead for Egham mixed-use scheme

George Sell 7 June 2020

Reading Time: < 1 minuteUK: Construction company Graham has secured a £60 million contract to build a mixed-use scheme in Egham, Surrey.

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Remotelock signs up to Urban Living Festival

George Sell 5 June 2020

Reading Time: 2 minutesUK: Smartlock Europe’s Remotelock brand is the latest company to sign up to exhibit at Urban Living Festival 2020 in London this November.

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AXA IM acquires €150 million Madrid rental portfolio

George Sell 5 June 2020

Reading Time: 2 minutesSpain: AXA IM – Real Assets has completed the forward purchase of a 919-unit affordable housing for rent portfolio in Madrid region of Spain for €150 million.

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“Transformational year” for hostel operator Safestay

George Sell 2 June 2020

Reading Time: 2 minutesUK: Hostel operator Safestay has reported turnover of £18.4 million for 2019, and adjusted EBITDA of £6.1 million.

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