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Gencom Acquires Rosewood London for Global Luxury Expansion
financeasianhospitality.com··1 min·For: Owner, Investor, GM

Gencom Acquires Rosewood London for Global Luxury Expansion

Investment firm Gencom has acquired the historic Rosewood London, backed by $302.77 million in debt financing from HSBC and Santander. The acquisition marks Gencom's second Rosewood property and includes planned capital expenditures to upgrade the luxury asset.

Key Takeaways

  1. 1Gencom purchased Rosewood London, supported by $302.77M in debt from HSBC and Santander.
  2. 2The lenders' financing package includes funds designated for a capital expenditure enhancement plan.
  3. 3This deal marks Gencom's second Rosewood brand acquisition, following its 2017 purchase of Rosewood Bermuda.

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Source: asianhospitality.com

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