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Serviced Apartments

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

edyn acquires Hotel Ascot in Zurich

Edyn announced the acquisition and redevelopment of Hotel Ascot in Zurich, which will become the latest expression of its lifestyle brand, Locke.
Monday, 14. February 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

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