Barclay Brothers Buy London’s Beaumont Hotel 

Sir David and Sir Frederick Barclay have acquired from Grosvenor Estates the leasehold interest in The Beaumont, an iconic art-deco styled luxury hotel situated in London’s Mayfair district. The property, comprising 73 rooms, is reported to have been traded for around £130 million (£1.78 million per room).

Aviva Acquires the Premier Suites Plus, Dublin Ballsbridge 

Irish hotel company Prem Group has sold the 49-room Premier Suites Plus Dublin Ballsbridge, through a sale and leaseback transaction, to the UK-based multinational insurance company Aviva for €17.5 million (€357,000 per room). Prem Group will continue to operate the hotel based on a 35-year lease.

Echo Building in Liverpool Sold to Select Group 

Dubai-based Select Group has entered a forward funding deal to acquire the redevelopment of the mixed-use Echo Building in Liverpool. The project, to be completed by 2020, will include a 207-room, 4-star Innside by Melia hotel, as well as four retail units and two floors of Grade A office space.

Champneys Acquired Mottram Hall Hotel in Cheshire, UK 

The 120-room Mottram Hall Hotel located in Cheshire, half an hour away from Manchester, has been sold to the British destination spa operator Champneys. The property is set to undergo a £10 million refurbishment, which includes the spa areas, golf club, conference facilities and the addition of 30 rooms. Champneys currently operates five spa destinations across England.

Langdor Sells Three Mercures in Germany 

Swiss hotel owner operator somnOO partnered with investment funds Extendam, RIVE Private Investor and 123 IM to close its first investment in Germany, acquiring three Mercure Hotels from Langdor Hotel GmbH. Located in Hagen, Hamm and Lüdenscheid, this 458-room portfolio will be operated by somnOO and continue to be affiliated with the Mercure brand.

Disclaimer: Information provided above has been gathered from various market sources. HVS has not independently verified the accuracy of the information provided. Interested parties should not rely on the information as statement of facts and are advised to make their own independent checks to verify the information provided. For further information, please feel free to contact HVS London.