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 acquires 24 Macdonald hotels
Moorfield Real Estate Fund (MREF) announces the acquisition of 24 hotels from Macdonald Hotels Limited. The 24 three and four star full service hotels are located across the UK and provide a total of 2,511 rooms with conference and leisure facilities.
The hotels are all dominant in their local markets and MREF sees potential in UK regional hotels for robust RevPAR growth (Revenue per available room). The portfolio is characterised by the quality of each of the hotels and their locations, many with further opportunities for investment including room extensions and additional leisure facilities.
Marc Gilbard, Chief Executive of Moorfield Group, which is the investment and asset manager of MREF, said:
“Moorfield already has exposure and experience in the UK regional hotel market, with its investments in Kew Green Hotels and WA Shearings. This portfolio complements and furthers our investment in opportunities for active management in this sector”
Donald Macdonald, Chairman of Macdonald Hotels commented:
“We have now been working with Moorfield for three months and built up a good relationship and understanding with them to the point it is very clear to us their vision and values in business are very similar to our own.
We believe that the portfolio of hotels acquired by Moorfield has great potential and we wish them and all the staff at the hotels every success in the future.”
The hotels purchased were:
Albrighton Hall, Shrewsbury
Ardoe House, Aberdeen
Brandon Hall, Coventry
Burford Bridge, Dorking
Castle, Windsor
Dunkenhalgh, Blackburn
Eastgate, Oxford
Francis, Bath
Holland House, Cardiff
Holland House, Bristol
Last Drop Village, Bolton
Norton Grange, Rochdale
Parkside, Milton Keynes
Queens, Cheltenham
Shakespeare, Stratford-Upon-Avon
Southgate, Exeter
St Paul’s, Sheffield
Thames Lodge, Staines
The Bush, Farnham
The Lodge, Cardiff
Wessex, Winchester
Whatley Hall, Banbury
White Hart, Salisbury
White Horse, Dorking
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