Purchase of the iconic La Reserve hotel which is directly opposite Fulham Town Hall which was also transacted by Allied Property. La Reserve will now be the subject of an extensive redevelopment and refurbishment programme to create 150 serviced apartments. The apartments will be operated by our client under their own brand and retained for long-term investment purposes.
Allied Property have acquired over 30 Central London hotels. We have mandates to purchase similar opportunities between £5m – £300m either existing or with opportunity to create hotels. We act on behalf of a number of hotel developers, investors and operators who are able to transact on similar opportunities.