JUNSON ACQUIRES LONDON’S DOUBLETREE DOCKLANDS HOTEL
Hong Kong-based investment firm Junson Capital has reportedly purchased the DoubleTree by Hilton London – Docklands Riverside from private equity company HIG for a rumoured £80 million (£210,600 per room). The deal marks Junson’s first hotel transaction in the UK. The 378-room hotel, which is housed in a former 17th-century wharf building on the River Thames, opened as the 11th DoubleTree property in the UK capital in summer 2015 following a multimillion pound renovation. Hilton Worldwide will continue to manage the hotel, which used to operate as a Hilton. HVS London was pleased to have advised Barclays Bank on this transaction.