Gencom Buys 308-Key Rosewood London in Major Luxury Deal
US-based investment firm Gencom has acquired the 308-key Rosewood London, backed by a £225 million senior debt package from HSBC and Santander. The deal marks Gencom's second Rosewood property and includes planned capital expenditures to enhance the landmark asset.
Key Takeaways
- 1Gencom acquired the 308-key luxury Rosewood London on High Holborn.
- 2HSBC and Santander provided £225 million in senior debt to fund the purchase and future CapEx.
- 3The transaction marks Gencom's second Rosewood-branded asset alongside Rosewood Bermuda.
Source: Boutique Hotel News
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