Skift Take
Berlin-based hospitality brand Numa Group has acquired Dutch aparthotels operator YAYS Group from Proprium Capital Partners. The companies did not disclose details of the deal.
Good morning, folks! Remember the story yesterday on the UK's housing crisis?
Well now there are talks of converting a golf club on the outskirts of London into 650 affordable homes AND pay for additional community facilities, including a gym and an upgraded golf clubhouse.
Who’s holding their breath? I am not.
On the agenda today:
Two acquisitions French taxes Bob W’s emission numbers Numa Buys YAYS GroupBerlin-based hospitality brand Numa Group has acquired Dutch aparthotels operator YAYS Group from Proprium Capital Partners. The companies did not disclose details of the deal.
But the deal was likely funded with Numa's latest fundraising round in September. Numa raised $59 million and said the funds will be used for expansion across Europe.
Together the combined entity holds over 5,200 units.
YAYS Group operated 489 units acros