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Serviced Apartments

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

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