Arcadis has supported Starwood Capital Group’s acquisition of 10 London Radisson Blu hotels from Edwardian hotels in the first major hotel portfolio transaction in the United Kingdom of the new year.
Arcadis provided Technical, Carbon and Environmental Due Diligence, plus Reinstatement Cost Assessment services across over 2,000 rooms in connection with Starwood’s acquisition of the London hotels.
In the deal, Starwood Capital acquires 10 Radisson Blu hotels in London. These hotels are:
Radisson Blu Edwardian Bond Street Hotel, formerly the Radisson Blu Edwardian Berkshire Hotel.
Radisson Blu Edwardian Bloomsbury Street Hotel.
Radisson Blu Edwardian Grafton Hotel.
Radisson Blu Edwardian Hampshire Hotel.
Radisson Blu Edwardian Heathrow Hotel & Conference Centre.
Radisson Blu Edwardian Kenilworth Hotel.
Radisson Blu Edwardian Mercer Street Hotel.
Radisson Blu Edwardian New Providence Wharf Hotel.
Radisson Blu Edwardian Sussex Hotel.
Radisson Blu Edwardian Vanderbilt Hotel (Grade II listed)
Nigel Green, Associate at Arcadis, commented:
“We are proud to have supported Starwood in the provision of our market-leading Technical Due Diligence services for this impressive hotel portfolio, leveraging our profound expertise, extensive experience and heritage capability on a diverse range of modern and Victorian/Edwardian heritage hotels.”
