CBRE Hotels clinches Europe's largest single-asset hotel deal ever

By A staff reporter 2011-01-14T00:00:00

CBRE Hotels has announced the sale of the five-star Grosvenor House Hotel, Mayfair, London for £470 mln (EUR 563 mln) to Indian conglomerate Sahara India Pariwar. The 494-bedroom, Park Lane property operated by JW Marriott represents the largest ever single asset hotel transaction by sale price in Europe, CBRE Hotels ...

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