Saffery provided financial due diligence and tax advisory services to Crimson Hotels, who have acquired the five star central London hotel, which is within walking distance of Trafalgar Square.
Crimson Hotels is an independently owned hotel company founded in 1995 that owns and manages hotels internationally. The acquisition is an exciting addition to their wider connected portfolio, which includes a number of high profile central London properties.
Roger Wareham, a partner at Saffery commented: “We were delighted to support Mr Kassam and Crimson Hotels on this significant transaction. We look forward to our continued involvement as part of the advisory team in the future development of this exciting asset.”