APRIROSE COMPLETES UK ACQUISITION OF DE VERE THEOBALDS ESTATE FROM STARWOOD CAPITAL

UK hotel investor Aprirose has completed the acquisition of the De Vere Theobalds Estate Hotel in Cheshunt, UK, from Starwood Capital for £24.2 million (£173,000 per room). The four-star property, built in the 18th century and set in a 55-acre Italian garden, is located some 10 miles north of London and comprises of 140 bedrooms, a restaurant and a bar.

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