Prosper Cap
Coverage of ProsperCap, a Singapore-listed real estate investment firm backed by Thailand’s DTGO Corporation, focusing on its 17-hotel UK portfolio comprising 3,383 rooms across regional cities such as Manchester, Birmingham, and Glasgow. Reporting includes its £310m refinancing secured in 2024, operational performance metrics, and asset enhancement initiatives. This content is tailored for UK hotel owners, general managers, and hospitality professionals monitoring international investment activity, regional market dynamics, and franchise-led hotel operations.
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Nov- 2024 -15 NovemberLatest News
Today’s news in brief – 15/11/24
Mallory Meadows, a family home and glamping business in Leicestershire, is for sale at £1.25m. The 2.5-acre property includes a large period cottage, six luxury glamping cabins, and roundhouses, all equipped with modern amenities like en-suite showers, kitchenettes, and private hot tubs. Keeper’s Cottage, the main house, blends original features…
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15 NovemberProperty
Prosper Cap secures £66m loan from Castlelake
UK hospitality real estate group Prosper Cap has secured a £66m mortgage-secured loan from global alternative investment manager Castlelake. The loan has been offered to refinance a stabilised portfolio of 17 hotel assets owned by Prosper Cap and located across 15 cities in the United Kingdom. Castlelake funded the loan…
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