Ascott snaps up London hotel for EUR 200m

By A staff reporter 2012-08-06T00:00:00

Singapore-based serviced residences group The Ascott Limited is acquiring the Cavendish Hotel in London for £158.8 mln (EUR 200 mln). Ascott said it will transform the 230-room hotel in a luxurious serviced residence under the premier Ascott The Residence brand when it takes over management of the asset in the ...

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