UK real estate investor CLI Dartriver has bought the Radisson Blu hotel in Leicester Square from Starwood Capital.
CBRE, which acted as the investment adviser to CLI Dartriver, said the 127-room hotel was acquired for an undisclosed sum from controlled affiliates of Starwood Capital.
Ellina Kraynik, director in CBRE’s UK Hotels team, said: “This asset aligns to a number of our client’s requirements, most notably the opportunity to own a prime, freehold hotel in a Central London location that holds long-term appeal.
“Completing the transaction further demonstrates the intentional approach, as well as our ability to act quickly to secure the best outcome.”
The asset is part of a portfolio of 10 Radisson Blu hotels that Starwood Capital acquired from Edwardian Group in early 2024 for a reported £800m (€917.9m).
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