ASI builds hotel portfolio with £36m Legoland acquisition

Legoland Hotel

Aberdeen Standard Investments has completed the off-market acquisition of the Legoland Hotel in Windsor from Aprirose for £36m for its Standard Life Long Lease Pension Fund.

The 150-room Lego themed hotel is the primary accommodation within the 150-acre Legoland Windsor theme park and is let to the resort’s owner Merlin Entertainments on a long-lease. The hotel also features a swimming pool, restaurants, bar and conference facilities.

The resort opened in 1996 and majority was acquired by Merlin in 2005 – the entertainment company has 28 years remaining on its license at the resort which regularly ranks in the top 10 most visited attractions in the UK.

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