Colliers International’s Hospitality Asset Management division has been instructed by Junson Capital, a Chinese investment firm, to provide all future hospitality asset management services at the DoubleTree by Hilton Hotel London.
This instruction follows on from a deal in August 2016 when Colliers’ Hotels & Resorts Consulting and Colliers’ Capital Advisory divisions advised Junson Capital on the entire acquisition share capital of the Doubletree by Hilton Hotel, in what was thought at the time to be the first major hotel transaction by an overseas buyer in London since the UK’s vote to leave the EU.
Located in a prominent position on Docklands Riverside, with stunning views of Canary Wharf, the hotel comprises 378 bedrooms, many of which have a balcony and river view. The hotel also has over 9,200 sq ft of event space, which can host conferences for up to 350 guests in one of 14 meetings rooms.
The former 17th century Wharf Building boasts exposed brickwork and London’s last dry dock for shipbuilding. The hotel’s complimentary ferry provides access to Canary Wharf and a connection to the Thames Clippers for an unforgettable voyage into central London.
Allan Davidson, Director in Colliers International’s Hospitality Asset Management division commented: “This latest instruction is a continuation of the services that Colliers provides for Junson Capital. With the asset management team having joined Colliers long established professional advisors earlier this year, hotel investors are now clearly able to see a full “one stop” service offering from the company. The provision of a wide range of advice in this transaction clearly shows the benefits for the client of this approach.
“In addition, this is the 25th Hilton Hotel instruction for the Hospitality Asset Management division in the past 12 months, which demonstrates our breadth of expertise in a strong and growing market.”
Headquartered in Hong Kong, Junson Capital is a prominent investment management company with multiple investment strategies and a global footprint.