Colliers transacts sale of boutique hotel in Bengaluru for prominent hospitality group
Real Estate

Colliers transacts sale of boutique hotel in Bengaluru for prominent hospitality group

Colliers India successfully facilitated the sale of a boutique hotel in Bengaluru for a hospitality player. The team collaborated with the Asset Reconstruction Company (ARC), Trustee and the Bank alongside the buyer and seller to transact the hotel asset spanning 150,000 sq ft. The seller invol...

Colliers India successfully facilitated the sale of a boutique hotel in Bengaluru for a hospitality player. The team collaborated with the Asset Reconstruction Company (ARC), Trustee and the Bank alongside the buyer and seller to transact the hotel asset spanning 150,000 sq ft. The seller involved in the transaction was Hansoge Enterprises and the ARC involved was JC Flowers. “As residential, office, and industrial sectors attract capital, the share of investments in alternatives is increasing and touched around 51 per cent in Q4 2023, reflecting this trend,” said Piyush Gupta, Managing Director, Capital Markets and  Investment Services, Colliers India.Contact: Colliers IndiaWebsite: www.colliers.com

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