UK: The Leeu Collection has acquired its first London property, an office building in Fitzrovia.
The company will convert the property, at 55 Newman Street, in to a 100-room hotel which will open in 2019. The building already has detailed planning consent.
Carrie Wicks, CEO of Leeu Collection, said: “The purchase of a London property is a very exciting development for Leeu Collection, as it marks the first acquisition for the group in a major city, but it will certainly not be the last. Leeu Collection continues to seek hotel opportunities in key locations around the world that reflect the Leeu ethos of creating unrivalled escapes for discerning guests”.
The Leeu Collection, founded by Indian entrepreneur Analjit Singh, currently operates three properties South Africa’s Franschoek wine region. It also owns Linthwaite House in the English Lake District, and will open a 70 -rrom hotel in Florence in 2021.