Dalata completes City hotel acquisition

Dalata Aldgate Place

Dalata Hotel Group has completed its acquisition of the share capital of Hintergard to take over the 300 year leasehold of a hotel under development in Aldgate, London.

Having completed the acquisition for a price in excess of £90m, Dalata has also confirmed that the new 212 room hotel will be branded Clayton Hotel City of London and will open towards the end of this month.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Try Property Week For Free to finish this article.

Sign up now for the following benefits:

  • Unlimited access to Property Week
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article TRY FOR FREE NOW

Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.

Registered users and subscribers SIGN IN here to continue