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Candy brothers eye London’s Grosvenor

Candy brothers eye London’s Grosvenor

1 March 2010 Hotel News

The battle to buy London’s Grosvenor House hotel is hotting up with news that the Candy brothers, property developers to the super-rich and famous, have entered the arena with backing from an Asian financial house. The brothers are also eyeing up a serviced apartment block next door, which they would combine with the hotel to create a giant luxury residential scheme.

London’s Grosvenor House to be sold

London’s Grosvenor House to be sold

18 January 2010 Hotel News

The “For Sale” sign is going up on London’s iconic Grosvenor House Hotel following a sharp rebound in the capital’s commercial property sector. Its owner, government-funded Royal Bank of Scotland, is hoping to raise £600-£700m in a bid to rebuild its balance sheet.