Login

Singaporean investor buys Cambridge hotel for £61.5m

Singaporean investor CDL Hospitality Trusts has made its debut European hotel investment, buying the Cambridge City Hotel in Cambridge from London & Regional for £61.5m, a net initial yield of 5.6%.
CoStar News
September 9, 2015 | 7:20 P.M.

The 198 room hotel is located in heart of Cambridge city centre. In April 2015, L&R completed an £8.2m phased refurbishment programme.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

News | Singaporean investor buys Cambridge hotel for £61.5m