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RE Capital puts £50 million London hotel up for sale

Farringdon hotel has just opened
The Ruby Stella Hotel. (Savills)
The Ruby Stella Hotel. (Savills)
CoStar News
December 2, 2024 | 11:26 AM

RE Capital, the private real estate investment, development and asset management company, has put the Ruby Stella Hotel in Farringdon in London up for sale seeking £50 million.

Located on Eyre Street Hill, the hotel opened to guests on 25 November 2024 with 153 en-suite bedrooms and a ground-floor communal space, including a restaurant, bar and courtyard terrace. The development has an ‘Excellent’ BREEAM rating, an EPC rating of A6, and ESG-aligned features including air source heat pumps and reduced CO2 emissions by over 35%.

Luke Dhanoa, Head of UK Asset Management, RE Capital UK, said in a statement: “The Ruby Stella Hotel reflects RE Capital’s dedication to delivering high-quality, sustainable assets in prime urban locations.”

Richard Dawes, Director at Savills Hotel Capital Markets, said: “The property’s exceptional sustainability credentials, coupled with a long-term lease to an institutionally trusted operator, make it an attractive proposition for investors looking for long-term index-linked income and capital growth potential."

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