Ares and EQ Sell Novotel London Greenwich; Part of £400 Million Portfolio Acquired in 2024 from Landsec
🏨 Ares Management and EQ Group sold the 151-room Novotel London Greenwich in the UK, acquired in 2024 for £400 million. Servatur Hotels bought the 312-room Allegro Isora in Tenerife, planning renovations. First Atlantic and Signa acquired the 70-room Lindenhof Resort in Italy, managing it from 2027. Extendam and Ker Hospitality sold the 64-room 1932 Hotel & Spa Cap d'Antibes in France, upgraded to four stars in 2022. Morgans Group bought The Harper hotel in Langham, UK, after a £6 million investment.
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