BT Tower

BT Tower

London Landmark Sold for £275m

Telecoms group BT has agreed to sell the iconic BT Tower in London to US operator MCR Hotels for a staggering £275 million. The Grade II-listed tower, a well-known landmark in the city, is set to be transformed into a luxury hotel, adding a new chapter to its storied history.

The sale of the BT Tower marks a significant shift in the London real estate market, as historic buildings are repurposed for modern uses. With its prime location and unique design, the tower is poised to become a sought-after destination for travelers seeking a one-of-a-kind experience in the heart of the city.