Nobody can predict when the market will bottom, but Adam Alari and Jon Crossfield of Savills IM regard a correction as an opportunity to deploy capital, perhaps targeting assets that have been overpriced in the recent cycle.
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.
