Serviced Apartments

Staycity Group has signed a long-term lease on approximately 11,000 square metres of space at the 'Weisse Quartier' in Munich, marking its entry into the Bavarian capital. The Irish aparthotel operator will develop 255 units in Building 4, securing one of the largest single hospitality lettings in Munich in recent months.

Philip Lassman has been appointed Managing Director UK & Ireland at Numa Group, succeeding Olivia Immesi after five years. The former Accor executive is set to drive further expansion of the Native by Numa and Numa brands.

Adagio looks back on a record-breaking 2025. With revenue of €339 million, higher occupancy and continued portfolio growth, Europe’s leading aparthotel brand further strengthens its market position – driven by its medium- and long-stay model.

Coolse Poort enters a new chapter: Aroundtown has transformed the former mono-use office tower at Coolsingel 139 into a vibrant mixed-use destination in the heart of Rotterdam. With Numa already operating 240 serviced apartments, Workspot launching a business and congress center, and SportCity opening modern fitness facilitie...

It has been over four years since the insolvency, and now there is movement again in the unfinished mixed-use project at Mannheim's „Postquadrat“: Orion Capital Managers has acquired the complex located at the main railway station from the insolvency estate on behalf of a consortium. The project, with 32,600 m² of usable spac...

Sandaya has acquired Les Grenettes, a hybrid campsite and hotel complex located on the Île de Ré, reinforcing its expansion strategy in premium open-air hospitality.

A year and a half after converting the former 3-star hotel at Landwehrstraße 56 into a serviced apartment building, project developer Soravia successfully exited the project. The property, which was built in 1905, has now been sold as part of an asset deal.

Seventeen professionals from BC Partners Real Estate are joining Proprium Capital Partners, bringing an estimated $1bn in AuM and adding extensive sector and geographic expertise. The transaction complements Proprium’s existing European operations and follows L&G’s 2025 investment in Proprium, supporting growth in private equ...

With the opening of a new property in Rome, Líbere Hospitality Group strengthens its footprint in Italy. The modern building near Roma Termini includes 18 fully equipped apartments and adds to Líbere’s growing European network, which now exceeds 1,000 operational units.

Aparthotel operator Staycity has signed JP Hospitality's project on Wiedner Hauptstraße in the 4th district, where it will open its second location in Vienna. The property will comprise serviced apartments ranging in size from 18.5 to 32 m², as well as co-working zones, a gym and underground parking. Details on the start of c...

Strabag Real Estate (SRE) has secured a prominent anchor tenant for its project at Hanauer Straße 1011 in Munich: Habyt is moving into around 6,000 m² for a boarding house with 148 rooms. Completion of the quarter, with a total area of 37,000 m², is planned for 2028. The concept combines a mix of uses, ecological standards an...

ECE Work & Live has acquired two extended-stay hotels under IHG’s Staybridge Suites brand, located in Liverpool and Newcastle. This acquisition lays the foundation for ECE’s planned strategy in the UK hotel market, which aims to build an institutional-quality portfolio of mid-sized hotels in the mid- to upscale segment. For t...

Líbere Hospitality Group has made its Paris debut with a new upper-upscale property near Opéra and Saint-Lazare. The expansion is part of a long-term collaboration with RedBlue and supports the Group’s goal of operating 1,000 units across five European countries by the end of 2025. Located in the heart of Paris’s 8th arrondis...

The Watzl Group has secured a long-term lease for the property at Marienstraße 44–46 in Stuttgart city centre, which it acquired from Pandion in November. A 20-year lease agreement was signed with the Numa Group on 23 December 2025 for the property, which has more than 3,000 m² of lettable space. This means that the property,...

After nearly a decade of ownership, CapMan Buyout has agreed to sell Forenom Group Oy to a Bravedo-led consortium. The transaction concludes the lifecycle of CapMan Buyout X, with Forenom having tripled sales and expanded internationally. The new ownership is expected to support the next growth phase of the serviced apartment...

Kronos Homes has launched MIMA Living, its first mixed-use tourism development in Lisbon’s Parque das Nações district. The €150 million project includes 180 furnished apartments, a Hilton hotel and retail space, addressing growing demand for flexible urban living in Portugal’s capital.

The newly completed building on Johannisstraße, which is centrally located near Osnabrück's main railway station and old town, officially opened with numerous guests in attendance. The opening celebrated the first Radisson hotel with its revamped brand image and the new Stayery. Mayor Katharina Pötter described it as „an impo...

Adagio is expanding its French footprint by taking over the management of nine leased properties from Sergic. The agreement increases the number of apartments directly operated by Adagio by 8% and supports its “First 2030” growth strategy.