98 notes.
US real estate private equity firm AEW has reportedly sold a boutique serviced apartment building in Hong Kong's Central district for approximately HK$240 million. The firm acquired the property, formerly The Mood Hotel, in 2015 and subsequently refurbished it into the Aveny serviced apartments. The…
Hong Kong-based Weave Living is significantly expanding its footprint in the Asian rental accommodation market, focusing on co-living spaces and serviced apartments. The company has been actively acquiring and developing properties across key cities, aiming to redefine urban living with a diverse ra…
Real estate investment firms AEW and Crane Capital, backed by a US pension fund, have been involved in significant serviced apartment transactions in Hong Kong. AEW has divested a boutique property in Central, while Crane Capital has acquired a building in Sai Ying Pun, highlighting continued invest…
Hong Kong-based Hanison Construction Holdings is actively marketing and selling serviced apartment properties across the city, signaling a strategic shift in its investment portfolio. The company, controlled by the Cha family, is seeking to enhance liquidity and reallocate capital into new growth op…
Dubai is a city that's always buzzing, and when it comes to places to stay, serviced apartments are really making a name for themselves. They seem to be popping up everywhere, and for good reason. Whether you're visiting for a quick trip or settling in for a while, these apartments offer a different…
Shama Serviced Apartments, a brand under ONYX Hospitality Group, is significantly expanding its global footprint and brand presence. The company is focusing on offering a unique hybrid accommodation model that combines the comforts of home with the impeccable services and amenities of a hotel, cater…
Lanson Place Hospitality Management Limited has announced the grand opening of its latest property, Lanson Place Grand Bayview, Qianhai, Shenzhen. This new upscale serviced apartment development marks a significant expansion for the brand, aiming to provide an innovative and sophisticated living exp…
So, you're thinking about staying in Bangkok for a bit? Maybe for work, or perhaps a longer vacation. You've probably heard about condos, but have you considered serviced apartments? They're popping up everywhere, and for good reason. Let's break down why these serviced apartments in Bangkok might j…
Weave Living, a prominent rental accommodation provider, has significantly expanded its portfolio across Asia-Pacific with the acquisition of several key serviced apartment properties. These strategic moves, particularly in Hong Kong and Singapore, underscore the company's commitment to redefining u…
Shama Serviced Apartments, a brand under ONYX Hospitality Group, is significantly expanding its global presence, particularly in Greater China and across the Asia-Pacific region. The brand is known for its unique hybrid model, offering fully equipped accommodations that combine the comforts of home …
US real estate private equity firm AEW has reportedly sold a 14-storey serviced apartment building in Hong Kong's prime Central district for HK$240 million (approximately $30.66 million). The property, formerly known as The Mood Hotel, was acquired by AEW in 2015 and subsequently refurbished into th…
Emperor Entertainment Hotel, the hospitality arm of Emperor Group, has agreed to sell its 57-unit serviced apartment block, The Unit Davis, in Hong Kong's Kennedy Town for HK$275 million (approximately $35.4 million). This sale comes after a significant 44% drop in the property's valuation since its…