July 02, 2021 : Friday, 2nd July 2021 : 4Hoteliers

Serani Hotels acquires Hilton Warwick/Stratford-upon-Avon, and other news about the hotel industry in EuropeHighgate and Cerberus acquire the Dorsett London from Far EastCerberus Capital Management and Highgate, specialist US hospitality investors, announced the acquisition by Cerberus Capital Management of the 267-room Dorsett City London, which was previously owned by Far East Consortium in Hong Kong. The deal is reported to have cost 115 million, or 431,000 per room. The 4-star property is located in East London, near Shoreditch. It also has a rooftop bar and two restaurants. This acquisition is part of the ongoing partnership between Cerberus & Highgate. It also includes the purchase six hospitality portfolios by Colony Capital in the earlier part of the year.Serani Hotels purchases Hilton Warwick/Stratford-upon-Avon in the UKSerani Hotels, a UK-based hotel company, has purchased the 181-room Hilton Warwick/Stratford-upon-Avon Hotel for an undisclosed amount. It covers seven acres and is two miles from central Warwick. It has a large conference and event space as well as a bar, restaurant, and fitness center.Berlins Frst is acquired by Aggregate HoldingsLuxembourg-based developer Aggregate holdings SA announced that it has acquired the Frst mixed use development project in central Berlin from Amir Dayan, the family office of Israeli entrepreneur. Kurfrstendamm is the project's location. It is one of the most famous streets in Berlin. The Frst project will be able to construct a total of 183,000 sqm of mixed use space. 60% of this area will be office and coworking spaces, while the rest will be leisure, retail, and hotel. This is an estimated value of around 2.5 billion. It is expected that the project will be completed by 2023's second half.Clarksons Platou acquires the Oslo hotel from Anthony B NelsonNorwegian property manager Anthony B Nelson AS purchased a 47-room hotel at Kongens Gate 7 (central Oslo) from a fund managed by Clarksons Platou, an investment arm of Norwegian shipbrokers Clarksons Platou. It covers 3,000 square meters and was last renovated in 2012. Clarksons Platou purchased the property from Ragde Eiendom AS, local institutional investors. The current lease for the property to Saga Hotel Oslo Central is five years. It expires in 2023.www.hvs.com