Investissements

plus

Starwood Capital takes over a portfolio of London hotels

1 min reading time

Published on 15/01/15 - Updated on 29/06/23

Londres

The investment fund has taken control over four long-stay hotels and a residential complex for close to 266 million euros.

After Scotland (read our article), Starwood Capital is investing on the London market. The investment fund announced the acquisition of a portfolio of four long-stay hotelsand a residential complex for 206 million pounds sterling, or close to 266 million euros.

The two hotels are ideally positioned in the British capital, in Tower Bridge/Bermondsey and Earls Court/Kensington districts. Under construction since 2008, they will have a total of 650 rooms once the work is complete. The residential complex, meanwhile, will consist of 60 luxury properties. "We are excited to establish ourselves as a leading player in the extended-stay hotel/serviced apartment market, which we believe is one of the most promising and under-supplied real estate sectors in London today," declared Cody Bradshaw, senior vice president and head of European Hotels at Starwood Capital Group.

Also read:



  • Starwood Capital acquires two new hotels in Scotland
For further

Every week, the HON team brings you an expert look at the world of hospitality. By becoming a member, you will have access to a complete ecosystem: exclusive content, jobs, etc.

BECOME A MEMBER

Sign up to add topics in favorite. Sign up to add categories in favorite. Sign up to add content in favorite. Register for free to vote for the application.

Already signed up? Already signed up? Already signed up? Already registered?