Invesco Real Estate has promoted long-standing managers Cristiano Stampa and David Kellett to two new senior positions in Europe, as the company seeks to grow and build market shares in hotels, residential and the living sectors.
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.
