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New fund buys luxury London hotels duo with £1.1 billion commitment

Evolution buys Grosvenor Square Marriott and New Bond Street development
The London Marriott Hotel Grosvenor Square. (Marriott)
The London Marriott Hotel Grosvenor Square. (Marriott)
CoStar News
February 23, 2026 | 8:01 AM

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Evolution Investment Fund, a new investment fund focused on global luxury hospitality assets, has bought two hotel developments in Mayfair, London.

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News | New fund buys luxury London hotels duo with £1.1 billion commitment