Construction is expected to start by year-end at complex with 1,110 units.
Scandic Hotels is integrating the Dalata hotels into its portfolio, which is happening on schedule according to company leadership.
The property has been leased back by the Danish company.
The potential price jumps to over €2,000 per square meter for the most suitable space.
The major sale has been quietly finalised.
The firm has made a quick start to 2026 by increasing its portfolio by more than 60,000 square feet.
City tops the table for the first time, as Edinburgh, London and Cambridge reinforce their positions as core investment markets, says Colliers.
Two neighbouring buildings on the exclusive Mayfair square have sold in the last two months.
Kenfo says the time is now right an €1 billion drive.