Chinese family fund Junson Capital has bought the Doubletree by Hilton Hotel in London’s Docklands for £80m.
The Doubletree by Hilton Hotel, which comprises 378 bedrooms and has recently undergone a major refurbishment, was acquired from HIG’s Bayside Capital.
The price paid is almost double the amount that Bayside paid for the property two years ago when it bought it for £44.1m.
Headquartered in Hong Kong, Junson Capital is an investment management company with multiple investment strategies and a global footprint. Anchored by family funds, its business covers real estate, financial assets and private equity.
Colliers International acted for the buyer; JLL and CBRE advised HIG.
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