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      Pre-let, development funding and forward sale of the hotel and surrounding retail and commercial space

      Ibis Hotel, CB1

      Client
      Brookgate

      Price
      £33m

      Net initial yield
      Around 4.6%

      Development of a new pre-let 231 bed Ibis hotel, 491 sq m (5,282 sq ft) of leisure/retail accommodation, cycle shop and 3,000 space cycle park facility - the first of its kind in the UK.

      The development included the UK’s largest purpose built cycle park for the benefit of Network Rail

      Key contact

      Get in touch with our team