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Serviced Apartments

Orbis Apartments commits to entire JV project of KanAm and Pantera

The Munich-Levelingstrasse project is now fully rented. With its Nena Apartments brand, Orbis Apartments GmbH from Berlin will take the almost 5,000 m² of the serviced apartment building to be built in the Berg am Laim district near the “Die Macherei” development after completion.
Tuesday, 16. November 2021

Visionapartments acquires the Ibis Styles Genève Mont Blanc and Centre Gare Hotels

Visionapartments continues its' expansion course. This year, the company purchased the Ramada Hotel in Bucharest with 111 rooms and opened Visionapartments Basel with 127 studios in July 2021. The most recent acquisitions are two buildings with 82 apartments in the centre of Geneva: The former Ibis Styles Genève Mont Blanc an...
Thursday, 28. October 2021

Accor signs agreement for first Novotel Living in Bucharest

Accor had signed a management agreement with ASIC, a joint-venture between Ion Catutoiu, a developer acting in different industries, and Andrei Stanciu, the CEO of Somet Group, a well-known construction company, for an extended stay hotel with 150 units under Novotel Living brand, the first hotel of its type to be opened in E...
Wednesday, 9. June 2021

Cycas opens hotels in Brussels and Amsterdam

Cycas Hospitality has boosted its presence in the Benelux market with the opening of two extended-stay properties in two neighbouring countries with two global hotel groups.
Friday, 7. May 2021

Grosvenor signs Edyn to develop site at Liverpool One

Grosvenor Britain & Ireland announces that Edyn has signed to develop a new site at Liverpool One, further diversifying the destination’s offering, while adding to the accommodation group’s expanding portfolio of extended stay sites across the UK and Europe. Savills acted for Liverpool One. Edyn dealt directly.
Monday, 26. April 2021

DIC sells Riverpark development project in Frankfurt

DIC Asset AG sold Riverpark, a development project in direct riverside location in downtown Frankfurt, through its subsidiary GEG German Estate Group GmbH on behalf of an individual mandate today. According to initial information, the buyer is developer Groß & Partner. The transfer of possession, benefits and burdens is sched...
Thursday, 22. April 2021

Bonava sells 83 rental apartments in Umeå

Bonava has signed an agreement with the property company K2A Knaust & Andersson Fastigheter AB (publ) regarding the sale of a rental housing project in Umeå. The project comprises 83 Nordic Swan ecolabelled rental apartments across a total lettable area of approximately 3,850 square metres. The transaction amounts to SEK 158 ...
Monday, 12. April 2021

Radisson Hotel Group serviced with new apartments and hotel in Amsterdam

The Radisson Hotel Group announces the opening of its first serviced apartment property and eighth operating hotel in the Dutch capital of Amsterdam. The 227 all-suite aparthotel Radisson Hotel & Suites Amsterdam South offers the perfect base for families and long-stay visitors. Nestled amidst a maze of canals in a leafy neig...
Monday, 12. April 2021

Visionapartments buys the former Ramada Bucharest Majestic Hotel

Visionapartments has acquired the former Ramada Bucharest Majestic Hotel, making the company one of the major players in the Romanian real estate market. This outstanding property with 111 rooms is located on Calea Victoriei, one of Bucharest’s oldest historic streets.
Thursday, 18. March 2021

Aberdeen Standard Investments Acquires room2 Southampton

Room2, the world’s first hometel brand, has completed the sale and leaseback of its flagship offering, room2 Southampton, to a fund managed by Aberdeen Standard Investments. The disposal price of c. £10 million reflects a prime net initial yield of 4.98% with a 30 year indexed linked lease in place. The hometel concept, a sub...
Thursday, 21. January 2021

Primonial REIM acquires its first senior services residence in Belgium

Primonial REIM – already operating in Belgium with a portfolio of residential and commercial properties under management – is conducting its first healthcare real estate acquisition in Belgium by entering into the forward sale of a senior services residence on behalf of its real-estate fund the SCPI Primovie.
Friday, 4. December 2020

CR Investment Management establishes investment company Neworld

CR Investment Management (CR) has founded a new investment company, Neworld. The company aims to establish a portfolio of managed properties spanning the entire real estate usage chain, from serviced apartments, co-living, education, office-as-a-service, healthcare and elderly living all the way through to urban farming. Newo...
Monday, 30. November 2020

Tattersall Lorenz founds residential property management subsidiary Talyo

Tattersall Lorenz Immobilienverwaltung und -management GmbH has founded Talyo Property Services GmbH. The new subsidiary will focus exclusively on the property management of residential real estate. The company is initially being headed by Susanne Tattersall as sole managing director.
Monday, 7. September 2020

JLL appoints Jeremy Eddy to lead Living and Hospitality Capital Markets in EMEA

JLL has appointed Jeremy Eddy as Head of Living and Hospitality Capital Markets in EMEA, effective immediately. In this newly created role, Jeremy will work closely with the existing EMEA Capital Markets Living and Hospitality teams to ensure clients have access to the most active capital sources and the best cross-sector inv...
Wednesday, 6. May 2020

Vienna, Prague and Budapest hostel markets report healthy growth

Christie & Co recently launched their new report focusing on the hostel markets in Vienna, Prague and Budapest. The report shows an overview of the business model itself, key characteristics, the evolution of the hostel concept and gives a deeper insight of the mentioned markets: Vienna, Prague and Budapest, in terms of deman...
Thursday, 30. January 2020

Rockwell and FirethornTrust secure planning permission for landmark

Rockwell and FirethornTrust have secured planning permission from the London Borough of Tower Hamlets for the landmark redevelopment of Quay House, Canary Wharf. The 40-storey development will deliver a 400-bedroom hotel and 279 serviced apartments alongside impressive dockside leisure facilities.
Friday, 24. January 2020