Press Releases
- 2012
- Moorfield complete on former Print Works site in Exeter to build 487 bed student accommodation scheme - 20 Jan 2012
- Moorfield acquires Salisbury House, Finsbury Circus, EC2 - 20 Jan 2012
- Brindleyplace continues to invest in its facilities through new car park contract - 9 Jan 2012
- Moorfield Acquires Salisbury House, Finsbury Circus EC2 - 6 Jan 2012
- 2011
- Moorfield and Segro announce the acquisition of the UK Logistics Fund - 19 Dec 2011
- Moorfield acquires The Towers, Didsbury from Wereldhave - 18 Nov 2011
- Skypark one year on – With new lettings and lease renewals totalling over 146,000sq ft and the first phase of the multi-million pound refurbishment underway – Skypark is a hive of activity - 10 Nov 2011
- Top UK businesses choose West Riding House - 7 Oct 2011
- Moorfield announces £35m acquisition of Primark Distribution Centre - 29 Sep 2011
- Moorfield exits The Capital Pub Company Plc - 26 Sep 2011
- Debenhams to anchor Cornmill extension - 29 Jul 2011
- Newly refurbished office space released to market at Four Brindleyplace - 30 Jun 2011
- Moorfield and Safeland move in on hostel market - 19 Apr 2011
- Moorfield launch the White Knight Partnership - 6 Apr 2011
- The Glasgow School of Art sculpts its future at Skypark - 30 Mar 2011
- Moorfield secures iconic West Riding House in Leeds - 9 Feb 2011
- 2010
- Moorfield sell Mallard House to National Instruments at Newbury Business Park - 30 Dec 2010
- Moorfield buys in Darlington to allow for the Cornmill Shopping Centre expansion - 4 Oct 2010
- Grainger and Moorfield announce formation of Sovereign Reversions Equity Release Joint Venture - 23 Aug 2010
- Moorfield venture further into Yorkshire and Humber with Holbeck Land - 28 Jul 2010
- Brindleyplace acquisition completed by Hines Global REIT and Moorfield - 23 Jul 2010
- Moorfield and Hines Global REIT invest in Brindleyplace, UK - 1 Jul 2010
- Next Step for Cornmill Shopping Centre - 26 Jan 2010
- Moorfield and PAG launch north west property JV - 15 Jan 2010
- 2009
- Audley acquires Wiltshire’s White Horse Care Agency - 23 Jun 2009
- The Ridings celebrates completion of multi million pound refurbishment works - 13 Feb 2009
- Moorfield announces £30m sale and leaseback deal with Mitchells & Butlers - 7 Feb 2009
- Moorfield, Plus Shops and KLM to launch new retail venture - 27 Jan 2009
- 2008
- 2007
- New dock facility for Westway as commercial traffic returns to river cart - 10 Sep 2007
- Cornmill Shopping Centre Extended in £8.4m Deal - 25 Jun 2007
- Moorfield Real Estate Fund awards hotel contract to Accor - 20 Mar 2007
- Second Moorfield fund closes with £1. 6 bn of buying power - 8 Feb 2007
- Moorfield Real Estate Fund acquires 24 Macdonald hotels - 26 Jan 2007
- MREF Buys Cornmill Shopping Centre, Darlington - 5 Jan 2007
Moorfield Real Estate Fund acquire Derwentwater Hotel & Derwent Manor
Moorfield Real Estate Fund (MREF) announces the acquisition of Derwentwater Hotel and Derwent Manor near Keswick in Cumbria.
The 3 star Derwentwater hotel has 48 modern en-suite bedrooms in this country house style hotel. Derwent Manor has a total of 19 self-catered luxury apartments, 15 within Derwent Manor, 3 in a separate mews block and one within the hotel. All the apartments are in very good decorative order; they are well proportioned and are fitted with a host of guest-friendly features.
Both properties will join the stable of Shearings hotels owned by MREF and they will continue to be run to the current high standards.
Marc Gilbard from Moorfield Group, the investment and asset manager for MREF commented:
“We felt that Derwentwater hotel and Derwent manor would fit very comfortably into the WA Shearings concept and we were impressed with the potential of the properties.”
MREF originally bought 39 Shearings hotels on a sale and lease back basis for circa £110 million in March 2006. Derwentwater and Derwent Manor represent the fourth new acquisition by MREF for the Shearings Group since the sale and leaseback. Previously this year MREF acquired 3 additional mid market hotels – the Prince of Wales, Gloucester (in January 2007), The Royal Hotel Weymouth (in February 2007) and Golden Lion, Hunstanton (also in February 2007). The Golden Lion was refurbished and re-launched in June 2007. Phase II of this development program will see additional bedrooms and external renovations being launched this winter.
Michael Holden has been appointed as the General Manager.
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