Heeton completes UK hotel purchase; eyes refurbishment
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
HEETON Holdings and Ryobi Kiso Holdings' joint venture company Chatteris Developments have completed the purchase of the entire share capital of Woodley Hotels (Kensington) for £22.9 million (S$48 million).
Woodley Hotels (Kensington) is the legal and beneficial owner of the 100-room Enterprise Hotel. Following the acquisition, Chatteris is looking to refurbish Enterprise Hotel and raise its number of rooms to 120.
Chatteris is 80 per cent owned by Heeton Holdings Limited.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
