cerberus capital management
Cerberus and Highgate to Acquire Dorsett City London Hotel
Cerberus | June 15, 2021
LONDON & NEW YORK - June 15, 2021 - Cerberus Capital Management, L.P. (together with its affiliates “Cerberus”) and Highgate today announced the signing of a Sale and Purchase Agreement (“SPA”) for the acquisition of Dorsett City London, located at 9-13 Aldgate High Street in London (the “Hotel”), from subsidiaries of Far East Consortium International Limited (“FEC”; SEHK: 35). Located in the heart of London’s financial district with a strong reputation for luxury and service, Dorsett City London is well-positioned to capitalize on the ongoing economic recovery. This transaction further strengthens Cerberus’ and Hig...
Revetas Capital and Cerberus Capital Management Acquire Bucharest Hotel Portfolio
Revetas Capital Advisors LLP | December 28, 2017
LONDON and NEW YORK, Dec. 28, 2017 -- Revetas Capital Advisors LLP ("Revetas") and Cerberus Capital Management, L.P. and its affiliates ("Cerberus") today announced the acquisition of Project Nemo, a leading hotel complex with approximately 86,000 sqm of gross leasable area in a prime location in Bucharest, Romania. The complex includes the Radisson Blu and Park Inn hotels, featuring a total of 697 guest rooms operated by the Rezidor Hotel Group, as well as approximately 7,500 sqm of prime retail space anchored by high-end tenants such as Burberry and Hugo Boss. The acquisition aligns with both Revetas and Cerberus&#...
Cerberus Capital Management and Interstate Hotels & Resorts Sign Management Deal for 18 UK Hotels
Interstate Hotels & Resorts | April 1, 2015
ARLINGTON, Va./LONDON – April 1, 2015 – Interstate Hotels & Resorts – the leading global hotel management company – today announced the signing of 18 management agreements for a portfolio of U.K. hotels owned by an affiliate of Cerberus Capital Management. With these additions to its managed portfolio, Interstate continues to expand its regional presence and strengthen its offering, creating tailored management solutions to improve owners' profitability. Based in Birmingham, England, Interstate's U.K. division now comprises 59 hotels, including signed pipeline, throughout the United Kingdom. "The U.K. continues to be a prior...
