Stenham Property has made its first foray into the US property market by buying the Paramount Hotel in New York (right) for around $280m, in a joint venture.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts