PropertyEU

Middle Eastern investor buys London hotels for EUR 220m

By A staff reporter 2011-10-11T00:00:00

Middle Eastern investor Capital Hill Hotels is acquiring two London hotels for £192 mln (EUR 220 mln). The vendor of the Sanderson and St Martins Lane hotels is Morgans Hotel Group (MHG), the operator and 50% owner of the London joint venture that owns the two hotels.

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