Completed
Transactions

A specialist advisor in hospitality, living and alternative real estate sectors.

Travelodge Hotel Milton Keynes

location /

Milton Keynes

Client /

UK Institution

Value /

c.£15m

Block RE advised on the off market disposal of a Modern South East leased hotel let to Travelodge with indexed linked reviews. OCT 24

Prime London Freehold Operational Hotel

location /

Central London

Client /

family office

Value /

£40-£50m

Block RE provided acquisition, structuring and branding advice on a Zone 1 Freehold Hotel with full vacant possession on behalf of a family office. SEPT 2024

Grand National Leisure Park, Aintree, Liverpool

location /

Aintree, Liverpool

Client /

Abrdn

Value /

N/A

Proactive asset management to successfully surrender and re-grant a tenant for the hotel on the scheme to improve the WAULT and income on the asset. MARCH 2024

Malmasion York

location /

York

Client /

UK Institution

Value /

£30m +

Disposal of a prime upscale long leased hotel with indexation, let to Malmasion on behalf of a UK Institution. JUNE 2024

Bristol PBSA

location /

Bristol

Client /

Abrdn

Value /

£28m

Acquisition of a leased PBSA asset in a prime location.

Grand Tour Portfolio

location /

Various

Client /

Abrdn

Value /

£35m

Disposal of three geographically spread hotels let to Premier Inn.

Travelodge Yardley

location /

Birmingham

Client /

family office

Value /

£5m

Disposal of an economy hotel let to Travelodge in a suburb of Birmingham.

Travelodge Sunderland

location /

Sunderland

Client /

Columbia Threadneedle

Value /

£4m

Disposal of a leased purpose built hotel and public house.

Premier Inn Basingstoke

location /

Basingstoke

Client /

CBRE Investment Management

Value /

£8m

Disposal of a leased purpose built Premier Inn hotel.

Travelodge Kings Cross

location /

London

Client /

Nuveen Investment Management 


Value /

£75m

Disposal of a Central London long leased economy hotel.

London Hotels Sale & Leasebacks

location /

London

Client /

Whitbread

Value /

£350m

Four prime London sale and leaseback fundings on behalf of a FTSE 100 and the UK’s largest hotelier Whitbread Group PLC.

Premier Inn Ringwood

location /

Ringwood

Client /

LondonMetric

Value /

£8.5m

Disposal of a modern economy hotel with a long lease in place with Premier Inn.

Travelodge Edinburgh Central

location /

Edinburgh

Client /

M&G Real Estate

Value /

£11m

Disposal of a prime City Centre long let economy hotel.

Premier Inn Holborn

location /

Holborn

Client /

Whitbread

Value /

£36m

Acqusition of a prime central London economy hotel.

Travelodge Gatwick Airport

location /

Gatwick

Client /

Overseas Investor

Value /

£40m

Acquisition of a 400 bed airport location long let economy hotel.

hub by Premier Inn

location /

Marylebone, London

Client /

Whitbread

Value /

£70m

Sale and leaseback funding on behalf of a FTSE 100 and the UK’s largest hotelier Whitbread Group PLC.

Hyatt Hotel Funding

location /

Leeds

Client /

Abrdn

Value /

£65m

Forward funding of a prime regional hotel, the first management agreement purchase for the UK’s largest real estate investor.

*

This transaction involved Block Real Estate employees but was completed at other companies.