Two serviced apartment buildings let to Staycity at High Point Village in west London have been bought by Schroder UK Real Estate Fund for £32.4m. This reflects the firm’s belief in strong growth in the sector across London’s emerging markets, especially in light of regeneration and Crossrail’s imminent arrival in the area.

Staycity began trading from the site in 2012 on a 25-year lease, and operates 269 rooms.

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