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L&G Buys Farringdon YOTEL Out of Administration For £70M

YOTEL Will Continue to Operate Luxury Hotel After One of London's First Transactions Since the Pandemic Began
YOTEL Farringdon. (LGIM Real Assets).
YOTEL Farringdon. (LGIM Real Assets).
CoStar News
April 20, 2021 | 8:16 AM

LGIM Real Assets, on behalf of its Managed Property Fund, has bought YOTEL London Clerkenwell, 96-100 Clerkenwell Road, Farringdon from James Cowper Kreston Administrators for £70m.

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