Valor Real Estate Partners (Valor) has announced the acquisition of a 18,000 m2 distribution centre in the core submarket of Trappes near Paris. Valor is committing a total of €25 mln to acquire the asset and undertake a full refurbishment.
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.
