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London's Iconic BT Tower in £275 Million Sale to MCR Hotels

(Bloomberg) The BT Tower, one of London’s most distinctive buildings, is set to become a hotel after BT Group Plc agreed to sell the site to MCR Hotels for £275 million ($347 million).Most Read from BloombergYour 401(k) Will Be Gone Within a DecadeLargest Covid Vaccine Study Yet Finds Links to Health ConditionsPlay VideoUS Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This YearUS Stock Futures Slip Ahead of Nvidia Earnings: Markets WrapThe tower used to provide a num ....

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London's iconic BT Tower to have 'new purpose' as a hotel after US$347 million sale to MCR Hotels

The tower, opened by Prime Minister Harold Wilson in 1965, was London’s tallest building for 16 years. ....

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London's beloved and futuristic BT tower sold for $347 million to be turned into a hotel

The BT Tower, a futuristic landmark on the London skyline for 60 years, is to become a hotel, owner BT Group PLC said Wednesday. The company, formerly known as British Telecom, said it has agreed to sell the tower to U.S. company MCR Hotels for 275 million pounds (about $347 million). The 581-foot (177-meter) structure, originally called the Post Office Tower, was completed in 1964 and was London’s tallest building until 1980. ....

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BT Tower to be turned into hotel after £275m sale

MCR Hotels will convert the 177-metre tall communications tower into an upmarket hotel and open it up to the public. ....

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BT Tower to become landmark London hotel after £275m sale

MCR Hotels plans to re-open the communications tower to the public ....

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