UK investors accounted for 50% of all deals completed in central London’s commercial property market in the third quarter of 2020, taking a 53% market share (£1.435 bn) of 2020 overall activity, according to broker Savills.
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.
