Dentons has advised a private investment company on the sale of the Hilton Hotel in Cardiff to the property investment firm, Castleforge Partners. The hotel is located in Cardiff town centre, a 5-minute walk from Cardiff Castle. The hotel boasts castle views with 197 bedrooms, 6 meeting rooms and a health club with a spa, gym and an indoor pool.
Matthew Tinger, UK Corporate Real Estate partner who led on the transaction said “We are delighted to have advised our client and support the success of the transaction.”
Simon Masri, UK Real Estate Partner at Dentons, said, “Despite ongoing challenges, 2021 is marking the beginnings of recovery for many UK hotels due to the success of the vaccine roll out and domestic demand returning. The Dentons hospitality team is expecting investment activity to continue to rise.”
The Dentons team was led by Corporate partner Matthew Tinger and Real Estate partner Simon Masri with assistance from Employment partner Sarah Beeby and Corporate associate Vijan Ghedia and Real Estate associate Varun Devesher.
