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Frasers Hospitality acquires four boutique hotels in the UK
£36m acquisition from Swire Properties Hotels comes six months after the purchase of a hotel chain in that country
Add BT as a preferred sourcePublished Wed, Dec 9, 2015 · 09:50 PM
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Singapore
BARELY six months since its acquisition of a hotel chain in the UK, Frasers Hospitality is extending its footprint in the country by snapping up another portfolio of four boutique hotels.
The hospitality arm of Singapore-listed Frasers Centrepoint Limited (FCL) said on Wednesday that it has acquired the four hotels through its newly formed subsidiary, Malmaison and Hotel du Vin Property Holdings Limited, from Swire Properties Hotels Holdings for £36.1 million (S$76.3 million).
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