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Landsec sells £400m hotel portfolio to Ares Management

Alongside improving operational and financial performance of the hotels, Ares will target energy efficiency and carbon footprint enhancements across the portfolio

Cynera Rodricks Send an email Thursday, 9 May 2024, 10:58Last Updated: Thursday, 9 May 2024, 10:58
2 minutes read

Landsec has announced it has completed the sale of its entire hotel portfolio to Real Estate funds managed by Ares Management alongside operating partner EQ Group for a cash consideration of £400m.

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Cynera Rodricks Send an email Thursday, 9 May 2024, 10:58Last Updated: Thursday, 9 May 2024, 10:58
2 minutes read
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