Blackstone has sold the DoubleTree by Hilton hotel at the Tower of London to the Bhatia family, owners of hotel operator and developer Muirgold, for a rumoured £300 mln (€350 mln).
Blackstone has sold the DoubleTree by Hilton hotel at the Tower of London to the Bhatia family, owners of hotel operator and developer Muirgold, for a rumoured £300 mln (€350 mln).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.