CBRE Hotels has been exclusively appointed to sell the Grosvenor House Hotel in London, the adviser announced in a press release. The Grosvenor House is the largest hotel asset to ever come to the EMEA market, the adviser added.
CBRE Hotels has been exclusively appointed to sell the Grosvenor House Hotel in London, the adviser announced in a press release. The Grosvenor House is the largest hotel asset to ever come to the EMEA market, the adviser added.
Located at Park Lane/Mayfair, the iconic hotel recently underwent a £135 mln (EUR 149 mln) refurbishment.
Derek Gammage, Managing Director CBRE Hotels EMEA: 'We are truly delighted to have been appointed and to be part of this historic opportunity. The JW Marriott Hotels and Resorts operated Grosvenor House is an iconic asset that will appeal to global investors.'