UK: The 183-bed Qbic London City, located in East London, has been brought to market on a leasehold basis and is available free and clear of the current Qbic branding.
The hotel opened in 2013 following the success of the original Qbic Hotel in Amsterdam. In 2017 the property was sold to an affiliate of Cerberus Capital Management.
Facilities at the property include the Motley Bar and Restaurant, as well as several meeting rooms, co-working spaces, and a car park with electric vehicle charges.
Green energy systems at the property include solar panels, sensor lights, and water-saving initiatives. The hotel has secured an EPC ‘A Rating’ as a result.
Andrew Evangelou, director and head of London Hotels at Christie and Co, said: “The sale of the Qbic London City presents a unique opportunity to acquire a pioneering eco-friendly hotel close to the City of London and within walking distance of some of London’s trendiest bars, restaurants and clubs.
“We are certain this vibrant hotel will generate high levels of interest from both domestic and overseas buyers, given the demand we have seen for hotel assets to date this year. So far in 2020 our team has achieved 45 exchanges and completions across the UK with aggregated sales proceeds in excess of £55m.”
Early in the crisis, Qbic London offered its rooms to front line workers.