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Starwood explores £150m sale of Ace Hotel in Shoreditch

Starwood Capital has begun quietly approaching investors over the £150m sale of its iconic Ace Hotel on Shoreditch High Street, CoStar News can reveal.
By James Buckley
January 13, 2015 | 8:40 P.M.

US private equity firm Starwood is understood to have instructed JLL to explore the off market sale of the 255,000 sq ft building at 100 Shoreditch High Street, E1, an area expected to be the recipient of a handful of new hotels over the next couple of years.

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News | Starwood explores £150m sale of Ace Hotel in Shoreditch