ICG Real Estate has issued a £152 million loan to Arada London for a new residential scheme in Swiss Cottage. The project at 100 Avenue Road features a 25-storey tower with 172 private units and a second block providing 79 social rented homes. Construction is underway on the 0.93-acre site. The development includes luxury amenities and retail units with a scheduled completion date of autumn 2028.
IHG Hotels & Resorts has signed long-term franchise agreements to add 11 hotels across Germany, Belgium and France. The deal will bring more than 1,800 rooms to the group’s Holiday Inn, voco and Garner brands. These properties, currently operating under the PentaHotels name, are expected to join the IHG system by the first half of 2027 following their conversion.
A major redevelopment of 75 London Wall is set to begin in the City of London following the appointment of Multiplex as the main contractor. The £250 million contract was awarded by joint venture partners Gamuda Berhad and Castleforge this month. The project will transform the existing site into a £1.2 billion office scheme covering over 450,000sq ft.
Dominus and Cheyne Capital have acquired the Grade II-listed Ibex House in the City of London for conversion into a 382-room hotel. The Art Deco landmark, built in the 1930s, will undergo a sustainable transformation designed by Studio Moren. The project aims to preserve the majority of the original structure while targeting top-tier environmental certifications. Alongside luxury guest rooms, the scheme includes the reopening of a historic pub and the launch of a new hospitality training academy.
Pan Pacific London has rolled out Shiji’s Infrasys POS across eight outlets, its first European deployment of the platform, unifying guest service and operational workflows.
Capilon Hotels has announced the official opening of The Edwin Hotel, a restored townhouse in Earl’s Court, London, comprising 60 guest rooms with modern amenities.
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