The company behind the multi-billion-pound plans to bring a huge Disneyland-style theme park to Kent is reportedly being sued by entertainment giant and former partner Paramount.

A private consortium of investors has sold the 124-room Holiday Inn London-Luton Airport Hotel for an undisclosed sum to KE Hotels, which was funded by Metro Bank.

German real estate investor Aroundtown has sold the Hilton London Hyde Park hotel in London to an unnamed Dubai-based family office advised by MGI Holdings, for a price believed to be close to £50m.

London-listed luxury international real estate developer Dar Global has announced  plans to expand into Saudi Arabia, where it said the tourism sector created “compelling opportunities” to develop hospitality assets.

Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes, has launched its first affordable housing investment of £50m to develop 125 affordable and shared ownership homes.

Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension schemes, has launched its first affordable housing investment, of £50m, to back London Square Group and Square Roots’s development of 125 affordable and shared ownership homes in Kingston upon Thames, west London.

Plans for the MSG Sphere, Madison Square Garden’s controversial, proposed 21,500-capacity entertainment venue in Stratford, east London, have arrived at the mayor of London’s office, with Sadiq Khan set to decide in the next two weeks whether to approve the scheme.

HUB and Bridges Fund Management have bought a central London office block in Aldgate for £39m with plans to convert it into a residential scheme.

Mixed-use developer Galliard Homes has acquired the 13.8-acre Morden Wharf site in London’s Royal Borough of Greenwich to develop around 1,500 homes, in a joint venture with City Developments Limited (CDL), Property Week can reveal.

Mixed-use developer Galliard Homes has acquired the 13.8-acre Morden Wharf site in London’s Royal Borough of Greenwich to develop around 1,500 homes, in a joint venture with City Developments Limited (CDL), Property Week can reveal.