Kinetic Capital, a new, specialist lender in the purpose-built student accommodation (PBSA) sector has launched in the UK with an initial commitment of £100 mln (€110 mln).
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.
