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First Base forms JV for £400M aparthotel developments across UK

Mixed-use developer First Base has formed a joint venture with aparthotel brand Native to develop up to £400 million of aparthotel units across the U.K.

The venture will seek out and secure sites, primarily around London, Oxford, Cambridge, Bristol and Edinburgh, with plans to commit £200 million in 2018 and another £200 million in 2019.