Reading Time: < 1 minuteBGO Strategic Capital Partners and Hotel Capital Partners have acquired the Sydney Potts Point Central Apartment Hotel for AUS$31.5 million.
Reading Time: < 1 minuteAustralia: The NSW government has revealed plans to build apartment blocks for Sydney’s essential workers, offering them reduced rent so they are not priced out of the city.
Reading Time: 2 minutesAustralia: The City of Sydney has proposed several amendments to the Sydney Local Environment Plan that would encourage developers to deliver more BTR and coliving schemes in central Sydney.
Reading Time: 2 minutesAustralia: Investment manager PGIM Real Estate plans to create a $750million coliving portfolio.
Reading Time: < 1 minuteAustralia: Real estate investment manager Investa is in the early stages of a selldown process for three BTR projects worth $1.5 billion, including one in the Sydney CBD and two in Melbourne.
Reading Time: 2 minutesAustralia: Following the opening of lyf Collingwood Melbourne in 2022 and lyf Bondi Junction Sydney next year, Ascott is planning to take the brand to Adelaide, Brisbane, Hobart and Perth.
Reading Time: < 1 minuteWorldwide: Recent data from AirDNA reveals that 54 per cent of global Airbnb listings have been added since 2020, leading to record levels of active listings.
Reading Time: 2 minutesAustralia: The Ascott Limited (Ascott) is acquiring its first lyf-branded coliving property in Sydney.
