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Serviced Apartments

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

777 Capital Partners wins Numa as operator in Munich

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.
Wednesday, 22. June 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

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