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In June 2023, the Primestar Group’s first June Stay will open: the June Stay Lake Garda. Consequently, the international expansion course of the Primestar Group will be continued after the recent opening of the Double Tree Vienna Schönbrunn.
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...
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...
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...
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...
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...
Developer Benchmark Real Estate has sold the Moxy Hotel and the Residence Inn by Marriott in Hamburg Altona. The new hotel building, which opened in 2021, is operated by the Odyssey Hotel Group.
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.
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.
Habyt is opening the doors of a newly built 3,310 sqm co-living building with 108 units in Frankfurt-Ostend. The company operates the entire building, providing a 360-degree service to its residents.
The Leyendecker Group, based in the Main metropolis, is expanding its own portfolio and acquiring a Stayery property with 139 serviced flats (3,600 m²) from the Schütt Group as part of a share deal that opened in March.
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.
777 Capital Partners AG is taking over the asset management of a modern serviced apartment property in Rosenheimer Strasse and has once again brought the Numa Group on board as a partner. The internationally active group will operate the property in the future.