Reading Time: < 1 minute US: California governor Gavin Newsom will use a new law to try and speed delivery of a $2 billion mixed-use development near Skid Row in downtown Los Angeles.
Reading Time: < 1 minute Malta: Munich-based Ruby Group has opened Ruby Ninu, a flexible workspace in St Julian’s, Malta.
Reading Time: < 1 minute UK: Vertus, the BTR arm of Canary Wharf Group, has expanded its offer with two new serviced apartment buildings at 3 and 15 West Lane.
Reading Time: < 1 minute Dr Sabine Schaffer of Pro-invest Group talks to ULN about converting hotels to coliving. Filmed at the 2024 GIOHIS conference in Abu Dhabi.
Reading Time: 1 minute US: German car manufacturer Mercedes-Benz has partnered with real estate firm JDS Development Group to build a 67-storey mixed-use tower in Miami.
Reading Time: 2 minutes Australia: Real estate asset manager Pro-Invest plans to buy and convert 10 Australian hotel and office assets in to a 2000-unit coliving portfolio.
Reading Time: < 1 minute UK: Developer JMH Group has submitted plans for 487 coliving rooms and a 110-bedroom hotel in Abbey Wood.
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: 2 minutes Singapore: CapitaLand Investment (CLI) is seeking to raise $600 million for a new Asia Pacific fund targetting serviced residence and coliving opportunities which it is seeding with a pair of assets from its Ascott lodging division.
Reading Time: 2 minutes Joivy has appointed William Parry as general manager for UK and Ireland, having previously been been CEO of its short-term rental subsidiary ALTIDO.
