County Hall Park Plaza
Created the UK’s first successful unitisation hotel model selling over 1,000 units with a capital value of £450 million between County Hall and One Westminster Bridge Park Plazas.
GNAM undertook the unitisation model on this hotel, working with Park Plaza to sell off the units to individual owners on long leasehold agreements. GNAM also marketed a seminar of the property to global investors and constructed a selling strategy.
Today, GNAM asset manages the hotel on behalf of the investors.
GNAM worked closely with the landlord of the Arts Club to transform the upper floors of the Arts Club into a high-end hotel. We managed the entire process from supporting the planning application process to selecting the contractor. GNAM managed the entire professional team during the development process.
The multimillion pound conversion project to 16 bedrooms was completed in November 2015.
St James’s Hotel and Club
GNAM’s directors have been intricately involved in the transformation of the St James’s Hotel and Club into one of London’s leading hotels.
The directors supported the development of a comprehensive £18 million investment plan and asset managed the property until its sale in 2010 for approximately £60 million by Gerard Nolan & Partners and Savills.
South Place Hotel
GNAM advised Frogmore with their plans to develop a luxury eighty bedroom hotel at 3-4 South Place.
We advised on the appropriate development scheme, assisted in the planning permission process and completed an operator search for Frogmore.
Subsequently we helped agree a deal with the hotel operator D&D London to lease the hotel on a 35 year term. D&D London own or operate over 20 restaurants in London alone, including Quaglinos, Coq d’Argent and the Bluebird Chelsea. As this is D&D London’s first hotel, there is a strong emphasis on good quality food and beverage, offering two restaurants, three bars and private dining for guests.
Following practical completion and the opening of the hotel in September 2012, we were instructed to asset manage South Place Hotel, working with D&D London to increase value and continually grow revenue.
Park Inn by Radisson Portfolio
GNAM have been instructed by the landlord to asset manage seven Park Inn Hotels across the UK. Working closely with landlords and hotel managers enables us to introduce innovative ways of improving the overall asset values.
We are a small team with a wealth of experience and a large network able to offer a bespoke service. Our wide range of experience allows us to be creative in identifying asset management opportunities.
GNAM have a proactive approach to asset management driven by finding value enhancing opportunities. We develop strong working relationships allowing tangible results in a short space of time.
Through active asset management GNAM are results focused, meeting regularly with hotel management to review performance, investment and sales and marketing plans as well as working with owners to create value within the envelop of their ownership.
As a result of a proactive and owner focused asset management approach we are able to identify solutions for our clients, creating value and exit routes where required.
DD: +44 (0) 203 771 5422
DD: +44 (0) 203 771 5425