Showing Results for tag: sale
Two ESA directors are against $6 billion sale to Starwood Capital and Blackstone
US: Two directors of Extended Stay America's real estate trust board are against the company's proposed sale, according to an SEC filing.
Safestay to sell Edinburgh hostel to a&o
UK: Hostel operator Safestay has entered into conditional sale and purchase agreements to sell its Edinburgh Hostel to a&o Hotels and Hostels.
Former Gateshead police station with aparthotel consent up for sale
UK: The former Felling police station on Sunderland Road, Gateshead, is on the market with an asking price of £500,000.
Shareholder opposition to ESA sale grows
US: Several major shareholders in Extended Stay America have expressed their opposition to the proposed sale of the company to a Starwood Capital/Blackstone JV.
Liverpool aparthotel placed on the market
UK: Slater Street Apartments, an aparthotel in Liverpool city centre, has been brought to the market with an asking price of £1.5 million for the freehold going concern.
Ascott Residence Trust to sell Somerset Xu Hui Shanghai for £154 million
China: Ascott Residence Trust (ART) has agreed to sell Somerset Xu Hui Shanghai for 1.05 billion yuan (£154 million) to an unrelated third party.
Aberdeen and room2 sign sale and leaseback deal for Southampton hometel
UK: room2 has completed the sale and leaseback of its flagship Southampton property, to a fund managed by Aberdeen Standard Investments (ASI), the UK’s largest active asset manager.
BridgeStreet owed creditors nearly $90 million when filing for US bankruptcy
US: HCB (2020) LLC, which was formerly known as BridgeStreet, owed nearly $90 million, before it filed for US bankruptcy late last year.
BridgeStreet's agency business acquired by National Corporate Housing
US: National Corporate Housing has acquired BridgeStreet’s agency business in the EMEA and APAC regions.
ESA sells California property
US: Extended Stay America has sold an extended stay hotel in Milpitas, California, for $65 million.
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.
Home Invest Belgium completes acquisition and leaseback of Brussels apartments
Belgium: Home Invest Belgium has completed the acquisition of BE REAL ESTATE, the owner of four aparthotel buildings in the centre of Brussels.
Oakwood Premier OUE Singapore sold for S$289 million
Singapore: Developer OUE Limited has signed agreements to sell Oakwood Premier OUE Singapore, its luxury serviced residences and hotel business on Shenton Way, for S$289 million (£167 million).
Newton Lodge back on the market for S$44 million
Singapore: Newton Lodge, an apartment development near Novena MRT station, is making a second attempt at a collective sale.
Melbourne serviced apartments put up for sale
Australia: The Oaks on Lonsdale serviced apartments complex in Melbourne is to be offered for sale via an international expressions of interest campaign.
