Alrov to develop luxury hotel in London's Regent Street

By A staff reporter 2008-04-14T00:00:00

Tel Aviv-listed Alrov Group is to develop a 160-bed, five-star hotel at the Cafe Royal block on the southern end of Regent Street in Central London. The group, controlled by Israeli real estate businessman Alfred Akirov, signed a 125-year lease for Cafe Royal with The Crown Estate on Sunday.

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