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Brookfield owned SACO buys for aparthotel concept

SACO, the Serviced Apartment Company recently bought by affiliates of Brookfield Asset Management, has completed a series of acquisitions adding close to 1,000 units to its Locke lifestyle aparthotel concept.
CoStar News
March 6, 2018 | 6:41 P.M.

The concept, which sets out to bridge the gap between contemporary lifestyle hotels and luxury serviced apartments, opened its first site in East London in October 2016. It has secured additional sites in London, Berlin, Cambridge, Manchester, Dublin and Paris. The sites, which offer 970 units between them will all open between 2018 and 2020.

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