Go-ahead for Commercial Road aparthotel

8th April 2016

An £80m aparthotel on the Commercial Road is set to go ahead, with funding from Osprey Equity Partners. The 178-unit, 21-storey tower is being developed by Reef Estates and the Sharma family. Simon Lee, co-founder of Osprey, said: “the London aparthotel sector…remains materially under supplied relative to other gateway cities and significantly undervalued in comparison to the student and PRS sectors”.

Property Week