US asset manager Ares said its European real estate debt team has closed on its sixth European loan, bringing total transactions since launching in the space in January 2022 to around €800 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.
