KKR and European hotel real estate investor Amante Capital have acquired a 132-bedroom asset in the UK’s capital from Bartek Holdings for an unspecified amount.
The acquisition of the Park Grand London Kensington Hotel is the first transaction by investment firm KKR and its European hospitality partner Amante Capital.
KKR is investing through Real Estate Partners Europe II, the firm’s second European real estate fund that targets value-add and opportunistic investments in Western Europe.
Source: realassets.ipe.com on the 8th of May