UK: Actual property funding agency AJ Capital Companions has appointed CBRE to promote the Graduate by Hilton Cambridge for provides in extra of £60-65 million.
Positioned on the banks of River Cam, the 148-key property underwent a renovation in 2021.
It provides a health centre with a swimming pool, restaurant, bar and café, in addition to occasion area. Room design incorporates Cambridge historical past, together with the College of Cambridge’s Cambridge blue colour.
The Graduate will probably be marketed for lengthy leaseholds as CBRE expects important attraction to the Hilton property.
“Graduate Cambridge represents a chance to accumulate a just lately refurbished lodge in one of many UK’s best and internationally recognised markets,” CBRE UK lodges head Miles Auger stated. “Given Cambridge’s demand profile and restricted future provide, we anticipate to see sturdy curiosity from home and international capital.”
Highlights:
- AJ Capital Companions has appointed CBRE to promote the 148-room Graduate by Hilton Cambridge, with the property anticipated to be marketed at greater than £60-65 million.
- The lodge underwent a renovation in 2021 and features a health centre with swimming pool, restaurant, bar, café and occasion area, with room designs incorporating College of Cambridge references together with Cambridge blue color accents.
- The Hilton-branded property will probably be supplied on a protracted leasehold foundation.
