CERBERUS ACQUIRES QBIC LONDON CITY

An affiliate of New York-based Cerberus Capital Management has acquired the Qbic London City from Bridges Fund Management for an undisclosed sum. The 171-room hotel, which opened in 2013, was converted from a disused office building in East London. It is the only Qbic-branded property in the UK capital and one of two Qbic hotels worldwide (the Qbic Amsterdam WTC marked the brand’s launch in 2007).

Back