Queensgate Investments acquires four Grange Hotels for £1BN

27 November 2018

Queensgate Investments has acquired four Grange hotels with 1,317 bedrooms for close to £1BN from Grange Hotels.

The hotels included in the sale are:

- 433 bedroom Grange St Paul's

- 370 bedroom Grange Tower Bridge

- 307 bedroom Grange City Hotel

-  207 bedroom Grange Holborn

Queensgate Investment is also currently working on redeveloping the Kensington Forum Hotel, which it acquired in 2015. It plans to build a 749 bedroom hotel, 340 serviced apartments and 46 residential apartments.