Queensgate Investments £1 billion acquisition of Grange Hotels portfolio

Overview:

• Queensgate Investments has acquired a portfolio of four London hotels for around £1 billion from Grange Hotels.
• The portfolio consists of Grange St Paul's EC4, Grange Tower Bridge E1, Grange City EC3 and Grange Holborn WC1.
• The portfolio combined has 1,345 Central London rooms and around 930,000 square feet of real estate.
• Grange Hotels is one of London's largest privately held hotel groups. Queensgate Investments is a real estate investment firm.
• Queensgate will lease the hotels to the Fattal Group.

Sam Duke