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Serviced Apartments

Accor unveils mixed-use real estate platform

Accor today announced the creation of Accor One Living – an industry-first platform dedicated to the integration of innovative hospitality solutions into mixed-used developments. Accor One Living will support the development and operation of branded residences – anchored by managed and franchised Accor hotels and resorts – an...
Thursday, 19. January 2023

NREP makes first real estate investment in Germany

NREP announces the continued extension of its impact into Northern European countries following its first real estate investment in Germany and the establishment of a dedicated team of eight initial employees. Two offices have been opened, in Frankfurt and Munich, completing the existing on-the-ground presence consisting of t...
Friday, 25. November 2022

Henderson Park acquires majority stake in GBI

The Moses Mendelssohn Foundation has sold its majority stake in GBI Holding. The new majority shareholder is the British fund manager Henderson Park, which has realized several major transactions on the German market in the last three years and is now celebrating a successful start on the residential market with the GBI entry...
Wednesday, 23. November 2022

Union Investment teams up with Staycity in Amsterdam

Union Investment is expanding its partnership with Staycity. The Irish aparthotel operator is set to create long-stay residential units in the YVIE mixed-use project currently under construction by Union Investment in the fast-growing district of Overhoeks, North Amsterdam. From May 2024, Staycity will operate 120 rooms acros...
Monday, 21. November 2022

Limehome closes funding round of €45 million

Limehome, the leading technology-based provider and operator of fully digitised design serviced apartments in Europe, has closed a funding round of €45 million in new growth capital. AW Rostamani Group and Capital Four are investing in the Munich-based start-up for the first time. Current investors HV Capital, Picus Capital a...
Wednesday, 9. November 2022

Daiwa and Capital Bay form JV for Modular Construction

Daiwa House Modular Europe and Capital Bay Group are expanding their strategic partnership, launched last year , and signed a joint venture toward this end on October 5th. The purpose of the joint activities is to set up capacities for marketing, and manufacturing prefabricated building modules.
Thursday, 6. October 2022

Staycity opens flagship property in Dublin

Fast-expanding aparthotel operator Staycity Group has opened its seventh property in Dublin, giving it nearly 1,200 apartments in its home city. At the same time the company has announced a five-year £30m loan facility from OakNorth Bank, the UK bank powered by OakNorth, and further facilities if required.
Friday, 16. September 2022

Catella Wohnen Europa fund acquires 340 apartments in Berlin

Catella Wohnen Europa (CWE), the German public open-ended real estate fund, has acquired 342 affordable apartments extending over 16,400 sqm in four energy-efficient buildings in Berlin-Pankow from a Hamburg-based family office.
Monday, 4. July 2022

Union Investment acquires serviced apartments new build from Corestate

Union Investment has acquired the Kontorhaus am Wall property in Bremen’s historic old town. The project was recently completed and comprises 86 serviced apartments. These furnished apartments have cooking facilities for self-catering and are designed for longer stays of up to six months. The acquisition is being made on beha...
Tuesday, 7. June 2022

KanAm with large-scale letting in Frankfurt

KanAm Grund Group's development activities continue to make progress with the leasing of the project in Gutleutstrasse in Frankfurt am Main to Maseven Management GmbH. This is the second large-scale letting within a few months, following the successful letting of the entire Levelingstrasse project in Munich to Orbis Apartment...
Thursday, 19. May 2022