Queensgate seals £lbn hotel deal backed by trio of lenders

摘要

Queensgate Investments completed the acquisition of a portfolio of four luxury hotels for £lbn last Friday having secured debt finance from Societe Generale, The Carlyle Group and Cheyne Capital, The four Grange hotels in St Paul's, Tower Bridge, the City (pictured) and Holborn span a total of 930,000 sq ft and around 1,345 rooms. The hotels will now be run by Fattal Hotel Group, which plans to refurbish and rebrand them under its Leonardo Royal and NYX brands.