Pan-European investment giant Aroundtown has disclosed plans to increase its ongoing share buy-back programme to a maximum of €1 bn, in the face of its shares being priced at a 'significant' discount to net asset value.
Irish hotel operator Dalata Hotel Group has purchased the Apex Hotel London Wall for £53.4 mln (€62.1 mln) from Apex Hotels Limited, the owner of the long leasehold interest, with 107 years remaining.
