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Derwent London Lands Regulatory Approval for Hotel Project in London

MT Newswires·12/17/2025 03:12:24
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03:12 AM EST, 12/17/2025 (MT Newswires) -- Derwent London (DLN.L) received regulatory approval for its planned conversion of its Blue Star House property in London into a 341-room hotel. The real estate company said Wednesday it intends to refurbish the 11-story building into a hotel, with a total net leaseable area of 86,100 square feet. Plans also include a ground-floor office and commercial space. Development is expected to start in mid-2027, with completion scheduled for late 2029.