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Ascott Residence Trust to acquire nine serviced residences in five countries

Ascott Residence Trust (ART) has proposed to acquire nine serviced residences, rental housing and student accommodation properties across five countries from its sponsor, The...

Ascott to buy serviced apartment company from Mapletree Investments

Singapore-based CapitaLand Investment announced Monday that its wholly owned lodging business unit The Ascott is acquiring Oakwood Worldwide, a premier global serviced apartment provider,...

Union Investment buys newly built serviced apartments in Bremen

Union Investment has acquired Kontorhaus am Wall, the newly built serviced apartment project in Bremen’s historic old town, from Corestate Group. The parties agreed not...

Investment in European serviced apartment market reaches €497m in 2021

According to Savills, based on what is under construction and with final planning, the supply of serviced apartment stock across Europe is set to accelerate, with...

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