LONDON'S ST ERMIN'S HOTEL SOLD

The St Ermin's Hotel in London's Westminster area has been acquired by US-based family Tei Fu and Oi-lin Chen, from New York-based investment firm Angelo, Gordon & Co; US real estate development, investment and management company Amerimar Enterprises; and London-based real estate group Gracemark for an undisclosed sum. The 331-room hotel will continue to operate as an Autograph Collection property. The hotel's building dates back to 1889, when it was originally built as apartments.

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