Accor Group Hotels, UK

The Ibis and Novotel brands are owned and operated by Accor who also operate under the brands of Sofitel, Etap & Pullman in the UK. Our hotel portfolio comprises of 29 Ibis and Novotel branded hotels with 4,928 rooms in prime locations.

Hotel Accor

Property type: Other

Description

Our hotel portfolio consists of 29 Ibis and Novotel branded hotels located throughout the United Kingdom in locations such as Heathrow Airport, Birmingham Airport, Central Manchester, Tower Bridge, Hammersmith, Waterloo and Euston. There is a partnership agreement in place between Land Securities and Accor and we receive a percentage of Accor's turnover as rent on the portfolio.


Key Facts

Market value range

> £200m

Ownership Interest

100%

Freehold / Leasehold

Freehold / Leasehold

Annualised Net Rent

33.3m

Year of construction

Various

Floorspace

Other Area

2,425,795 sq ft

Total Area

2,425,795 sq ft

Data as at 30 Sept 2016

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