Entrepreneur bank OakNorth has completed a £16m debt finance deal for the conversion of eleven floors of the Liverpool Corn Exchange into a 202-bedroom aparthotel, pre-let on a 35-year lease to ASAP member Staycity.

The development will offer 24-hour reception, wifi access, weekly housekeeping, fitness room, car parking, guest laundry, luggage lockers and an open-plan seating area.

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