Westgate Oxford Alliance acquires Oxford's Castle Quarter

The Westgate Oxford Alliance, a joint venture between Land Securities and The Crown Estate, has acquired the Castle Quarter in Oxford for £47.2 million from The Trevor Osborne Property Group.

The Quarter includes a Malmaison hotel in the former Oxford Prison, and is close to the Westgate Oxford development, which is also owned by the Westgate Alliance and currently undergoing a £440 million development that is slated for completion i late 2017.


Like this story? Subscribe to IHIF!

The hospitality industry turns to IHIF International Hotel Investment News as the must-read source for investment and development coverage worldwide. Sign up today to get inside the deal with the latest transactions, openings, financing, and more delivered to your inbox and read on the go.

CBRE, Davis Coffer Lyons and Eversheds advised the Westgate Oxford Alliance. JLL and Charles Russell Speechlys advised The Trevor Osborne Property Group.


Suggested Articles

Reuben Brothers have completed the acquisition of the La Palma Hotel in Capri, the first and oldest hotel on the island, opened in 1822.

Rosewood Hotels & Resorts said that it would expand the number of properties with a residential component over the coming years.

Accor has committed to eliminating all single-use plastics which formed part of the guest experience by 2022.