Crimson Hotels has bought Park Inn London, on Russell Square, from the administrators of WG Mitchell.
The price paid was estimated at more than £45m.
Christie & Co acted for administrator Ernst & Young.
19/11/09 Times 56, 66
Crimson Hotels has bought Park Inn London, on Russell Square, from the administrators of WG Mitchell.
The price paid was estimated at more than £45m.
Christie & Co acted for administrator Ernst & Young.
19/11/09 Times 56, 66
The developer will invest £1.4m into the building upgrade
A new prospectus highlights eight projects that its backers say can transform the region
The business currently has more than 630 sites in the UK
Company has also launched Uniqhomes as its UK SFR platform brand