9 December, 2019
DTZ INVESTORS HAVE BOUGHT THE FREEHOLD INTEREST IN THE COMO METROPOLITAN HOTEL ON LONDON'S PARK LANE FOR OVER £70m
This rare freehold investment opportunity comprises of the majority of the 5-star COMO Metropolitan Hotel, together with nine luxury apartments operated by the hotel, the majority of the renowned Colony Club Casino & part of Nobu Restaurant.
The hotel has 144 bedrooms, a gym, spa and events spaces, and is situated amongst a successive row of the most famous and finest hotels in London.
Tony Brothwell, Fund Manager at DTZ Investors said “We have been looking to purchase a secure, prime Central London hotel investment for some time and this is just about as good as it gets. The asset will be a core holding for Strathclyde Pension Fund bringing the portfolio size to over £2bn.”
Knight Frank advised DTZ Investors on the acquisition.
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