LCP & APG team up for new hotel brand; launch with prime South Ken acquisition
London Central Portfolio has formed a joint venture with APG (which recently teamed up with Delancey to buy Earls Court), acquiring the Harrington Hall site in South Kensington as an inaugural "lifestyle hotel" project.
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American firm CA Ventures has hired Tim Phillips to lead a £380m-a-year foray into Europe's BtR and PRS scene, starting with the UK.
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