308-room hotelStrategic acquisitionReal Estate
Gencom buys Rosewood London hotel
Gencom, a Miami-based investment firm that owns and develops high-end real estate worldwide, announced the acquisition of Rosewood London. The 308-room luxury hotel sits at 252 High Holborn in central London. It is Gencom's first luxury hotel in London and expands its hospitality platform into Europe. Terms were not disclosed.
Why it matters: It is Gencom's first luxury hotel acquisition in Europe.
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