Red Carnation Hotels is divesting its freehold and leasehold interests in Summer Lodge Country House Hotel and The Acorn Inn in Evershot, Dorset.

Leading the auction is a freehold and long-leasehold residential and commercial investment in Lewisham, south-east London.

The high street retailer launched a £480m store rotation programme at the start of 2023 to open more full-line sites.

Chief executive Toby Courtauld says London’s investment markets are at an “inflection point”, with the firm keen to take advantage of low pricing.

The London office developer has identified potential £1.4bn of acquisition targets as the capital’s investment market hits “inflection point”.

Firm plans to refurbish new purchase The Courtyard alongside its nearby 31-34 Alfred Place to create a 103,700 sq ft flex workspace cluster.

Board has received proposals from the South African retail specialist and London-based REIT

The 109-room hotel is due to open early next year.

Freight, warehousing and logistics campus planned for final parcel of land yet to be redeveloped as part of London’s 2012 Olympic legacy.

Decision paves way for scheme with around 603,000 sq ft of offices that would increase the site’s public realm by 43%.