Michelmores has advised Kew Green Hotels on the acquisition of two prominent new hotels, located in Manchester and Leicester. Under a franchise agreement with IHG Hotels & Resorts, both properties will be transformed into voco branded hotels by mid-2024.
Kew Green Hotels is an international hotel management company offering a range of services with a wide portfolio of properties around the world. Formed in 2001, the company now has over 55 hotels in their portfolio.
This latest acquisition reflects Kew Green’s ambitious growth strategy to deliver outstanding hotel services and exceptional returns for hotel owners and partners. The newly acquired properties both feature decor inspired by the history of New York’s Brooklyn neighbourhood.
The Hotel Brooklyn, located in the heart of Manchester, boasts 189 stylish bedrooms, the chic Runyon’s Bar & Restaurant, and versatile event spaces. Blending edgy decor and unique design, the hotel caters to both business and leisure guests.
Leicester’s Hotel Brooklyn is an urban sanctuary in the city’s heart, featuring 191 contemporary bedrooms, The Lair restaurant and bar plus flexible meeting spaces. This hotel is recognised for its commitment to accessibility and inclusivity, making it an ideal destination for all travellers.
The Michelmores team advising on the deal was led by Senior Associate Lucy Tucker, from the Firm’s Transactional Real Estate team, alongside Jess Hopkins (real estate), Anna Wood (construction) and Harriet Grimes (planning).
Lucy Tucker comments:
“It was a pleasure to partner with Kew Green and bring the deal to a successful close with our expert advice and ability to assist in executing these strategic transactions. Kew Green’s decision to acquire the two hotels reflects its ambitious growth strategy and we are proud to have been a part of that, helping to advise the Kew Green group on the legal aspects of the acquisition.”
Real Estate forms a core part of our work at Michelmores. The Firm advises organisations and individuals doing business in the real estate sector, to help them stay at the forefront of progress and innovation.
The Firm’s in-depth understanding of the issues and practicalities involved around transactional real estate issues enables us to undertake complex work for a diverse client base that includes developers, entrepreneurs, landowners, listed companies, government bodies and major institutions.
For more information, visit our website.
