Repositioning of the hotel on the market with a horizon of 2026.

The project is ongoing and expected to be completed in November.

Before the end of the year the final decision.

The first phase will offer 247 homes for private sale, 360 build-to-rent properties, 135 affordable rent apartments and 193 for shared ownership.

HSBC had also vowed to streamline its businesses to “reduce the duplication of processes and decision making.”

The total funds reach €800 million for logistics.

The company has signed an exclusive local partnership that aims to deliver 40 hotels under the brand, over the next seven years.