Europe’s leading operator of a fully digitalised hospitality platform NUMA Group has announced the acquisition of a lifestyle apart hotel brand Native Places from Native Holdings.
It has acquired 100% of Native Places, the short-stay business division of Native Holdings, founded by Guy Nixon, for an undisclosed price.
Native Residential will continue as part of Native Holdings and will be focused on growing as one of the UK’s largest operators of build-to-rent, co-living, mixed use and commercial assets under the leadership of Guy Nixon.
Native Places has over 800 units, and it is headquartered in London. Its assets range from small to medium-scale serviced apartment buildings in London under the brand of The Apartment Collection to larger-scale Native Apart Hotels across Manchester, Edinburgh, and Glasgow.
The acquisition of Native Places is a logical continuation of NUMA’s growth strategy across Europe as it focuses on hotel and commercial properties in central locations of…