London Landlords Facing Rents of Zero Turn Offices to CondosMore people will be making their homes among the banks and insurance companies of central London as a shrinking financial industry and the prospect of leasing out buildings for free prompts landlords to convert offices into luxury apartments.
Frasers expands in Indonesia with new serviced residencesFrasers Hospitality, Fraser and Neave's (F&N) serviced residence unit, broke ground on 12 January for its second development in Jakarta, Indonesia.Located in the heart of Jakarta's golden triangle, Frasers Suites Kuningan at Ciptutra World 2 will comprise 210 ultra-deluxe apartments in two 45-storey towers. It will also feature a W Hotel and is expected to be completed by 2014, by which time the ...
Ascott to manage new Citadines in SurabayaThe Ascott Limited (Ascott), a wholly-owned serviced residence business unit of CapitaLand, has secured a new management contract for its first Citadines Apart'hotel in Surabaya, Indonesia.Scheduled to open in 2014, the 288-unit Citadines Marvell Surabaya is located in the business district of Ngagel and close to shopping malls and the Surabaya Industrial Area Rungkut, where several ...
HVS EMEA Hospitality Newsletter – Week Ending 03 February 2012Edwardian’s Latest Feature | Hyatt’s Hat-Trick | Mövenpick Reaches 100 | Marriott’s Three For Europe| Thompson Hotels Makes UK Debut | Three More For Worldhotels | Budget Firm Continues To Travel Across The UK | A River View For Le Méridien In Turkey | Macdonald Hotels & Resorts Makes History | Dubai Debut For Mercure | First St. Regis For Middle East | InterContinental In The City | Gladen’s ...
CapitaLand in agreement to develop Chongqing siteA consortium comprising CapitaLand, CapitaMalls Asia and Singbridge Holdings (SBH) has signed a cooperation agreement with the Chongqing government for the development of its biggest mixed-use project, in terms of land size and investment quantum.