UK: Integrity Worldwide Group, owned by hotelier Tony Matharu, has acquired Atlas Home within the Metropolis of London and the Crescent buildings at Tower Hill.
Atlas Home is a Grade II-listed constructing situated on the junction of King Road, Queen Road, and Cheapside. The location is a purpose-built industrial workplace constructing which has been occupied by Atlas Assurance Firm for 130 years.
The Crescent, a group of Georgian buildings, was most lately used as workplaces for insurance coverage suppliers. It’s situated adjoining to Tower Suites by Blue Orchid Lodges.
Each Atlas Home and the Crescent will be a part of the Blue Orchid Hospitality model, a part of Integrity.
Matharu mentioned: “The latest acquisition of Atlas Home and the Crescent portfolio demonstrates our continued dedication to spend money on and breathe new life into London property, significantly these buildings on the finish of their earlier lives, making certain that London stays one of the best place to reside, work, go to, and make investments.
“The staff at Integrity Worldwide Group has unrivalled experience in buying, creating and working first-class hospitality amenities. We sit up for persevering with to make a optimistic distinction to central London and its world-class providing to worldwide and home guests, employees, and residential communities alike.”
The 2 websites will be a part of the group’s portfolio of luxurious motels, flats, suites, residences and venues. These embrace the Westminster-based Wellington and Rochester motels; Tower Suites and Tower Residences; in addition to 55 Broadway, a Grade I-listed constructing set to be repurposed right into a 526-room resort in St James’s Park.
Previous to establishing Integrity Worldwide Group, Matharu was the founding father of Grange Lodges which he ran as group managing director till its key London websites had been bought to Jurys Inn (now Leonardo Lodges) in 2019.
