CBRE Hotels EMEA sell Hilton London Docklands Riverside

London, 15 April 2014 - CBRE Hotels are pleased to announce the sale of the Hilton London Docklands Riverside, on behalf of Pandox AB. The hotel is located in a riverfront location opposite Canary Wharf and is a full service hotel with 378 bedrooms and suites, 15 meeting rooms, food and beverage facilities and a Living Well gym.

The hotel was purchased by HIG Bayside Capital, an investment firm with more than $4.5 billion under management. H.I.G. Bayside Capital is focusing on the UK hotel market and is actively looking for hotel opportunities.
 
Commenting on the sale Owen Pritchard of CBRE Hotels said: ‘The London hotel market is attracting extremely strong interest from all categories of buyers. This sale demonstrates the demand for London hotels from foreign capital and presented the buyer with an opportunity to start their hotel investment platform in London.’  
 
About CBRE Hotels
CBRE Hotels is the world’s leading, full-service, real estate advisory group focused exclusively on the hospitality industry. CBRE Hotels provides consultancy services for the sale, valuation, financing, development and asset management of hotels. Headquartered in London, the group has offices in Munich covering Germany and CEE (Central and Eastern Europe), Ireland, France, Spain, Italy and with dedicated hotel teams in the United States and the Asia-Pacific region.