CAIN INTERNATIONAL PARTNERS WITH OBEROI TO BRING ICONIC LUXURY BRAND TO LONDON (Royaume-Uni)
Cain International, the privately held real estate investment firm operating in Europe and the United States, has signed an agreement with Oberoi, the award-winning hotel group, for the operation of 23 serviced residences at 17-22 South Audley Street, in London’s Mayfair. The deal represents The Oberoi Group’s debut in Europe. |
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CAIN INTERNATIONAL PARTNERS WITH OBEROI TO BRING ICONIC LUXURY BRAND TO LONDON (Royaume-Uni)
Cain International, the privately held real estate investment firm operating in Europe and the United States, has signed an agreement with Oberoi, the award-winning hotel group, for the operation of 23 serviced residences at 17-22 South Audley Street, in London’s Mayfair. The deal represents The Oberoi Group’s debut in Europe. |
Catégorie : Europe - Royaume-Uni - Économie du secteur
- Projets hôteliers
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The Oberoi Group was established in 1934 and owns and operates 33 five-star hotels and luxury resorts across India, Indonesia, Morocco, Mauritius, Egypt, Saudi Arabia and the UAE. It is well known and respected in these markets for its focus on guest experience and exceptional standards of service.
Due for completion in 2022, the branded residences at South Audley Street will offer exceptional living at the heart of one of the most attractive and sought-after locations in prime central London.
The partnership with Oberoi is one element of the next chapter for 17-22 South Audley Street, which Cain International acquired in 2016. Constructed in 1845, but rebuilt to designs by architect Ernest George, who designed Southwark Bridge, the 48, 000 sq ft Grade II* property is also set to house a small restaurant and refurbished retail space.
This partnership is the latest addition to Cain International’s growing portfolio of luxury hospitality investments and loans across its target markets of the UK, Europe and the US. This includes industry-leading partners such as Six Senses, Waldorf Astoria, Hilton, Raffles Hotel & Residences, Aman Hotel & Residences, Rosewood Hotels and Soho House.
Jonathan Goldstein, Chief Executive of Cain International said:
“With a reputation for exceptional service and guest experience, Oberoi is widely regarded as one of the very best in the hospitality industry. We are excited to be forging this new partnership, that will see one of the world’s most authoritative brands on high-end service coming to Europe, and choosing London as the location for its debut.”
P.R.S. Oberoi, Executive Chairman of The Oberoi Group said:
“We are excited to bring The Oberoi brand to London in partnership with Cain International. The iconic building in the heart of Mayfair is a perfect complement to an Oberoi branded property. We look forward to bringing Oberoi's distinct culture of personalized service and commitment to excellence in serving our guests on their next visit to London.”
About Cain International
Cain International is a privately held real estate investment firm operating in Europe and the United States. Since 2014, the company has invested over $5.6 billion into real estate debt and equity. Cain International also invests in lifestyle & leisure businesses that deliver experiences, services and amenities for modern consumers. Cain International is a partnership between its CEO, Jonathan Goldstein and Eldridge Industries. Cain International Advisers Limited, the firm’s asset management and investment advisory division, is an SEC-registered investment adviser. Further information is available at www.cainint.com
About The Oberoi Group
The Oberoi Group, founded in 1934, operates 33 hotels, two Nile Cruisers and a Motor Vessel in the backwaters of Kerala. The Group has presence in seven countries under the luxury ‘The Oberoi’ and five-star ‘Trident’ brand. The Group is also engaged in flight catering, airport restaurants, car rentals and corporate air charters.
Oberoi Hotels & Resorts is synonymous the world over with providing the right blend of service, luxury and quiet efficiency. Internationally acclaimed for all-round excellence and unparalleled levels of service, Oberoi Hotels & Resorts has been ranked the Best Hotel Group by Telegraph, UK for three consecutive years (2017, 2018 and 2019).
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