Hilton Hotel Portfolio With Long Term Leases to Fetch £500 Million

Estates Gazette reports that Vincent Tchenguiz's Consensus and hotel investor the Farnsworth Group are seeking a buyer for a £500m portfolio of 10 Hilton hotels in the UK. The pair stand to earn a profit of up to £170 million on the portfolio which was acquired in a 27-year sale leaseback transaction with Hilton June 2002. Sphere: Related Content