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Business, Real Estate

“London’s famed BT Tower sold to U.S. hotel group for $347 million”

“British telecoms group BT said Wednesday it had agreed to sell London’s iconic BT Tower — once an important piece of network infrastructure — to developer MCR Hotels for £275 million ($346.6 million). The 189-meter (620-foot) structure has loomed over the capital city’s central Fitzrovia neighborhood since 1965, when it opened as the Post Office Tower…”

https://www.cnbc.com/2024/02/21/londons-famed-bt-tower-sold-to-us-hotel-group-for-347-million.html

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