>Landmark London hotel development falls into administration

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>A luxury new London hotel and apartment development designed by Norman Foster has fallen into administration.
The 11-storey complex, which is situated on The Strand on the site of the former Marconi Building, is owned by Urvasco, a subsidiary of Spanish hotel chain Grupo Hotelero Uravasco.

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http://www.breakingtravelnews.com/news/article/luxury-london-hotel-development-goes-bankrupt/

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