BNP Paribas Real Estate analysis of inner London data has highlighted the urgent need to upgrade stock, amid looming minimum energy efficiency standards (MEES) regulation changes, and against a backdrop of rising construction costs.
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.
