Cheyne Capital Finances 587-Key Central London Hospitality Portfolio

Cheyne Capital is delighted to have provided the financing to support the acquisition of a three-property Central London hospitality portfolio by One Investment Management, AENDRE and LHC Group. The portfolio comprises 587 keys across freehold sites in South Kensington, Covent Garden and Belgravia.

The acquisition represents one of the largest Central London hospitality transactions of the year and reflects the market's collective conviction in the luxury extended-stay segment, which accounts for approximately 1% of London's hotel stock despite 59% of international visits lasting four nights or more.

The portfolio will be repositioned under a new wellness-led luxury hospitality brand, with each location operating across three distinct concepts: a luxury extended-stay residence, a social wellness members club and a culture-led farm shop. The new platform and brand identity will be unveiled ahead of the first opening.