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UK: Trinity North has acquired the Great John Street Hotel in Manchester from MCL GJS Propco Limited, and is looking for a luxury lifestyle operator for the site.
Trinity North will undertake renovation work of the Grade II-listed hotel, which is located between Spinningfields and St John’s.
It marks Trinity’s first major acquisition. Funding was provided by Manchester-based Together, with Jenics advising on the purchase.
Collaborating director Kay Tierney is leading the operator search for the property. She can be contacted here.
Patrick Waldron, managing director of Trinity North, said: “We are delighted to have acquired Great John Street Hotel and we are looking forward to delivering something truly special. We are immediately focused on driving the next phase forward and engaging leading hotel operators who have a distinctive concept and bold vision for the property in 2027.
“We are already opening conversations with operators who share that ambition to bring something bold and exceptional to our city. We know it is a high-profile platform for a hotel brand that can compete on the international stage and significantly strengthen Manchester’s hospitality offer. We’ll be sharing more exciting news about the hotel in the coming months.”
Ritchie Watson, corporate sales director at Together, added: “Trinity North has secured one of the many jewels in Manchester’s crown and we are delighted to have supported the acquisition of this landmark hotel in Manchester. It’s an exciting opportunity for a new highly experienced operational team to deliver one of the region’s most sought-after hospitality offerings.
“As a lender with deep roots in the North West, we’re beyond proud to support investment that contributes to Manchester’s continued regeneration and growth. The city has a fantastic track record of reinventing and repurposing its property, and landmark buildings like this have an important role to play in its next chapter.”
Highlights:
- UK investment firm Trinity North has acquired the Grade II-listed Great John Street Hotel in Manchester from MCL GJS Propco Limited.
- Trinity North will undertake renovation work on the boutique property situated between Manchester’s Spinningfields and St John’s districts.
- The company has launched an immediate search for an international luxury lifestyle operator to manage and reposition the hotel ahead of 2027.
- Financial backing for the strategic asset transaction was provided by Manchester lender Together, with advisory support provided by real estate firm Jenics.
