In February, Irish aparthotel group Staycity agreed a £77 million (€91 million) loan to help fund an ambitious expansion that would see it triple in size by 2029. The Dublin-headquartered company, founded by CEO Tom Walsh and his brother Ger in 2004, began with a single apartment in Temple Bar. Since then, it has swelled to operate 6,000 apartments in 36 aparthotels across 17 cities in France, Germany, Italy, and the UK. The loan agreed in February was completed by OakNorth, the London-based digital bank that has become one of the UK’s most successful fintech companies. It was the latest…
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