ADIA Throws Hat Into Maybourne Hotel Group
Abu Dhabi Investment Authority (ADIA), a major sovereign wealth fund institutional investor in hotels globally, is gunning for a £1.6 billion acquisition of Maybourne Hotel Group which is owned by holding company Coroin Ltd. Maybourne Hotel Group owns luxury hotels Claridge’s, the Berkeley and the Connaught in London. ADIA currently owns the 5-star hotel The Lanesborough in Knightsbridge and acquired a portfolio or regional from the Royal Bank of Scotland plc.[ Content protected for Sovereign Wealth Fund Institute Standard subscribers only. Please subscribe to view content. ]
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