• Sol Meliá to open ME London

Sol Meliá has acquired the freehold of a site in Holborn from Anida, a subsidiary of the BBVA bank, for Eu133m.

The property is expected to open in 2012 as the ME London and will be the group’s second hotel in the capital. Sol Meliá will oversee the completion of the hotel, which is currently under construction, at an estimated cost of Eu52m.

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