Showing Results for tag: London
Barings makes move in to PBSA market
UK: Barings has made its first European PBSA investment in a £43.8 million deal to forward fund the development assets in London and Manchester.
Gravity raises $1.4 million for coliving expansion
UK: London-based coliving start-up Gravity has raised $1.4 million to fund its growth plans.
Croydon aparthotel takes in coronavirus patients
UK: The Best Western Plus London Croydon Aparthotel in Thornton Heath has been accommodating coronavirus patients to ease pressure on a nearby hospital.
Cain provides £74 million development loan for Locke aparthotel at Canary Wharf
UK: Real estate investment firm Cain International has agreed to a £74 million development loan with Canary Wharf Group and edyn to finance the development of a 279-key Locke aparthotel in London.
Cheval adds Kensington apartments
UK: Cheval Collection is adding 30 serviced apartments in London's South Kensington to its portfolio from Spring this year.
Jurny partners with Clockwork Group for first London location
UK: Hospitality tech company Jurny has announced its expansion into the European serviced apartment and aparthotel market with its first location in London.
Supercity's Roger Walters on new investment and doubling the company's portfolio
UK: Supercity Aparthotels founder and chairman Roger Walters spoke to SAN about how a recent £10 million investment in the company will help it to double its portfolio by 2025.
Crosstree makes first PBSA move
UK: Crosstree Real Estate has made its first move into the student accommodation sector with the £55 million purchase of an asset in north-east London.
London office building with "urban forest" granted planing consent
UK: Roots In The Sky, a redevelopment of the former Blackfriars Crown Court, has been given planning consent.
BridgeStreet's operations arm goes in to UK administration
UK: Sarah Rayment and Mark Shaw of BDO have been appointed joint administrators of BridgeStreet Accommodations London Limited, which has ceased trading, leaving guests urgently seeking alternative accommodation.
The Collective gets green light for Walthamstow scheme
UK: Coliving brand The Collective has received a resolution to grant planning permission for a 300-room scheme in Walthamstow, north-east London.
edyn to open Locke aparthotel in Dalston next month
UK: The 14-key Kingsland Locke will open in London's Dalston neighbourhood, in January 2021.
Unite acquires £150 million London site
UK: Student accommodation provider Unite Students has acquired an 800-bed development site in London's Paddington neighbourhood.
Saxbury secures Staycity for London aparthotel
UK: Staycity is to operate the Middlesex Street Aparthotel in east London, under its Wilde brand.
Brookfield raises £1 billion European property war chest
UK: Brookfield has raised £1 billion (€1.14 billion) for its latest property fund, which will buy assets across Europe’s biggest markets.
£1bn London hotel and serviced apartments complex approved
UK: Queensgate Investments and Rockwell have been given permission to redevelop the Kensington Forum, which will become a £1 billion hotel and serviced apartments complex.
Clarendon puts London apartments up for sale
UK: Clarendon Apartments has appointed Savills to sell 140 Minories, a 14-key serviced apartment freehold property in the City of London.
Green light for Kingston coliving scheme
UK: Developer Viewranks Estates has been granted planning permission to build a £60 million coliiving schemeon the site of two retail units in Kingston, south-west London.
London to move to “high level” Tier Two restrictions from Saturday
UK: The UK Government is placing the City of London under “high level” Tier Two restrictions, effective from midnight on Friday / Saturday morning, affecting around nine million citizens in the capital.
IHM hosts first Urban Living Lite event in London
UK: International Hospitality Media, the publisher of Serviced Apartment News, has hosted the first in a series of limited capacity business networking events.
Urban Living Lite launches as festival postponed until July 2021
UK: International Hospitality Media (IHM), the publisher of SAN, has announced it will be postponing the inaugural Urban Living Festival until July next year, and is launching a series of Urban Living Lite online and offline events following a recent announcement from UK prime minister Boris Johnson.
COLIV forward funds The Collective's Earlsfield scheme
UK: DTZ Investors' London coliving fund COLIV has forward funded a £70 million scheme in south-west London.
Quintain rebrands BTR arm and hires COO
UK: Quintain has rebranded its Tipi BTR arm as Quintain Living and hired Danielle Bayless as COO to head the division.
CitySpace opens Bermondsey property
UK: CitySpace, an operator offering workspace with accommodation and dining options, has opened its second London property, in Bermondsey.
Plans lodged for Kennington room2 aparthotel
UK: Developer Espalier Property Ventures has submitted plans for a 142-key, five-storey aparthotel on Clapham Road in Kennington, south London.
Sigma and EQT partner for £1 billion London BTR push
UK: Sigma Capital has launched a £1 billion-plus JV with Swedish investment manager EQT Real Estate to development BTR units in and around London.
UnderTheDoormat and Cadogan announce boutique aparthotel
UK: Landlord Cadogan and short-term rental company UnderTheDoormat have launched a boutique aparthotel at 3 Sloane Gardens in the heart of Chelsea, opening 1 October 2020.
AXA completes acquisition of Dolphin Square
UK: AXA Investment Managers - Real Assets has completed the acquisition of Dolphin Square in London from vendor Westbrook Partners.
IHM hosts Dine and Learn at new Bermonds Locke property
UK: International Hospitality Media, the publisher of Serviced Apartment News, held its first face-to-face event since March in London yesterday.
Ascott opens London Citadines property
UK: Ascott has opened Citadines Islington London, the newest addition to its aparthotel portfolio in Europe.
Urban Living Festival gets green light for 25-26 November 2020
UK: International Hospitality Media [IHM], the leading online publisher and event organiser for the hospitality and real estate sectors, is delighted to confirm that its latest launch – Urban Living Festival: stay • live • work – will go ahead as scheduled on 25-26 November at Tobacco Dock in London.
Flying Butler adds Chelsea and Marylebone apartments
UK: Flying Butler Apartments has added The Apartments portfolio of 33 luxury units in Chelsea and Marylebone Village.
Britain is "behind the curve" getting back to work warns Savills boss
UK: Savills group chief executive Mark Ridley has warned that British cities are “behind the curve” when compared to European and Asian counterparts.
September opening for third London Locke property
UK: edyn Group will open Bermonds Locke, its third property in the UK capital, next month.
Cheval survey reveals attitudes of frequent travellers to accommodation and flying
UK: The Cheval Collection has revealed the findings of a survey of frequent international travellers.
Supercity offering free breaks to NHS workers
UK: Supercity Aparthotels is offering free two night stays for NHS staff this summer.
ABP to install individual offices at London property
UK: Chinese developer ABP is to install up to 2,000 individual “cube” offices at its Royal Albert Dock scheme in London.
The Eight Apartments partner with Travel Curious
UK: The Eight Apartments, an exclusive apartment development in Shoreditch, has announced a partnership with Travel Curious, a private tour operator.
Investec to fund Brixton flexible workspace redevelopment
UK: Investec Structured Finance has provided a 30-month senior loan for the acquisition and restoration of Shakespeare Business Centre in Brixton, south London
GMG seeks forward funding partner for London mixed-use scheme
UK: GMG Real Estate is offering a forward funding opportunity on a fully consented hotel, office and residential development in Farringdon with a GDV of £93.5 million.
Workspace sees surge in demand
UK: Workspace Group has reported a significant increase in customer demand, receiving 765 enquiries in June compared with 272 in April.
Initial plans for Harrow aparthotel revealed
UK: Initial plans for an aparthotel and rooftop restaurant on the site of a former car park have been put before Harrow Council.
AXA IM in advanced talks to buy Dolphin Square
UK: AXA Investment Managers - Real Assets is in advanced talks to buy the one million square Dolphin Square apartment block in London for around £850 million.
Guild Living to make London debut
UK: L&G's retirement living provider Guild Living has announced a £130 million scheme in Uxbridge, west London.
Riverstone appoints new chair ahead of London investment push
UK: Senior living operator Riverstone has appointed Penny Hughes as chair in preparation for a £3 billion expansion in London.
Cuckooz ceases trading
UK: London serviced apartment operator Cuckooz has closed its doors due to the impact of the Coronavirus pandemic.
Brookfield becomes British Land's largest shareholder
UK: Brookfield has paid £264 million for a seven per cent stake in British Land, making it the biggest single shareholder.
Tooting aparthotel gets green light for expansion
UK: LHG (London Hotel Group) has won planning permission to expand its aparthotel scheme on Tooting High Street to 373 keys across six floors
The Residence launches Tower Hill apartments
UK: London serviced apartment operator The Residence has added The Residence Tower Hill to its portfolio.
Cheval offers complimentary two-week stay with 90 day-plus bookings
UK: Cheval Collection is offering two weeks on a complimentary basis for any guest looking to book a 90 day stay or longer at its London properties.
