VALUE £91 million / £429,245 per key
NUMBER OF ROOMS
Dalata Hotel Group Plc
CBRE’S ROLE Acquisition
CBRE advised Dalata Hotel Group Plc in the off-market acquisition of Hotel, Aldgate Place. CBRE Investment Properties & Hotels worked closely to identify the opportunity and provided thorough advice throughout the due diligence stage. Dalata exchanged contracts to acquire the Property six months prior to Practical Completion, therefore CBRE’s Building Consultancy team were instrumental in the success of this transaction.
CLIENT QUOTE "CBRE’s understanding of our business plan enabled them to strategically identify the asset that was perfect for our UK expansion plan.
We would like to thank CBRE for sourcing this off market opportunity and for helping to secure our first Central London Hotel located in Zone 1.”