Reading Time: 3 minutes Spain: Real estate fund manager IP Investment Management [IPIM], in partnership with Heed and Amro Partners, has secured development financing for a 221-bed PBSA development in Valencia.
Reading Time: 2 minutes UK: Premium hospitality brand Restaurant Associates has announced a catering partnership with Riverstone, a luxury later living concept for the over-65s, to manage their two brasseries and bars in West London.
Reading Time: 4 minutes UK: The Labour Party has secured a landslide victory and majority in the UK General Election, winning more than 326 of the 650 seats needed to gain a majority in the UK Parliament.
Reading Time: 3 minutes France: Paris-based travel tech startup Smartrenting has announced that it is ceasing its property management service.
Reading Time: < 1 minute UK: Dominus, a real estate platform with assets under management of more than £1 billion, and real estate financing firm Cheyne Capital have completed two senior loans worth approximately £400 million to provide development finance for two PBSA developments in the City of London.
Reading Time: 2 minutes UK: Real estate asset management firm Outpost Management, has announced the forward-funding acquisition of a 462-unit development in North Acton, London, through its joint venture with BlackRock Private Markets from developer and contractor, Tide.
Reading Time: 2 minutes US: Short-term rental and hotel management company, Sonder, has announced that it is set to make 106 corporate employees redundant, accounting for 17 per cent of the company’s overall workforce, by the end of March.
Reading Time: 3 minutes Finland: Helsinki-based, tech-powered hospitality operator Bob W has announced the completion of a €40 million Series B funding round.
Reading Time: < 1 minute UK: One-stop property management solution Opago has announced the acquisition of the assets of defunct proptech company Staykeepers.
Reading Time: 3 minutes Finland: Tech-led short-stay / serviced apartment brand Bob W has announced two more properties in Finland as it continues to strengthen its foothold in Europe.
