_malmaison-york-new-owner-buys-landmark-hotel-for-undisclosed-sum-weeks-after-31m-valuation-revealed.jpg "Malmaison York: New owner buys landmark hotel for undisclosed sum weeks after £31m valuation revealed from birthstones by month march Video Screenshot Preview")
GalleryPlay Video:
(Note: The default playback of the video is HD VERSION. If your browser is buffering the video slowly, please play the REGULAR MP4 VERSION or Open The Video below for better experience. Thank you!)
⏲ Duration: 0:43
👁 View: 2.9M times
✓ Published: 24-Jun-2024
👁 View: 2.9M times
✓ Published: 24-Jun-2024
Description:
A landmark Yorkshire hotel has been purchased by a London-based real estate investor for an undisclosed sum – weeks after the property was valued at more than £30m.<br/>The property used by Malmaison York, based in the former Yorkshire House building once used by insurance giant Aviva as offices, has been sold to Firethorn Trust.<br/>The 29,000 sq ft site with 150 bedrooms is occupied by Malmaison under a 35-year lease, with a current rental income of £2.1m per annum.<br/>The hotel has only been open since 2021 following major redevelopment work overseen by Lothbury Property Trust.<br/>The sale price has not been disclosed but last month Lothbury listed Malmaison as one of its top ten assets, valued at £31m.<br/>Marcus Weeks, Director and Head of Living at Firethorn Trust, said: “Malmaison York is a high-quality asset that will perform well and create long-term value for us, whilst strengthening Firethorn’s presence in the living space.<br/>“It’s a fantastic addition to our investment portfolio and complements our wider development strategy to deliver high-quality spaces in great locations that enable people and places to thrive.<br/>“We have an appetite and ability to pursue opportunistic transactions, and look forward to continuing our growth within the living sector.”
A landmark Yorkshire hotel has been purchased by a London-based real estate investor for an undisclosed sum – weeks after the property was valued at more than £30m.<br/>The property used by Malmaison York, based in the former Yorkshire House building once used by insurance giant Aviva as offices, has been sold to Firethorn Trust.<br/>The 29,000 sq ft site with 150 bedrooms is occupied by Malmaison under a 35-year lease, with a current rental income of £2.1m per annum.<br/>The hotel has only been open since 2021 following major redevelopment work overseen by Lothbury Property Trust.<br/>The sale price has not been disclosed but last month Lothbury listed Malmaison as one of its top ten assets, valued at £31m.<br/>Marcus Weeks, Director and Head of Living at Firethorn Trust, said: “Malmaison York is a high-quality asset that will perform well and create long-term value for us, whilst strengthening Firethorn’s presence in the living space.<br/>“It’s a fantastic addition to our investment portfolio and complements our wider development strategy to deliver high-quality spaces in great locations that enable people and places to thrive.<br/>“We have an appetite and ability to pursue opportunistic transactions, and look forward to continuing our growth within the living sector.”
Share with your friends:
Whatsapp | Viber | Telegram | Line | SMS
Email | Twitter | Reddit | Tumblr | Pinterest
_march-birthstone-pisces-aquamarine.webp "BirthstonesGemstones")
_commuter-kicked-abused-by-stranger-on-tube-said-92.webp "A woman who was kicked and verbally abused by a stranger on the tube says other passengers did nothing to help. <br/><br/>Scarlett Owens, 23, was travelling from London to Liverpool on June 10, 2024, to meet up with her family, when the incident took place. <br/><br/>She was sat on the Northern line when she claims a man got on and \")
_march-birthstone-aquamarine.webp "Day's Jewelers")
_aquamarine-march-birthstone.webp "Gem Rock Auctions")
_birthstones-by-month-all-12-birthstone-colors-amp-meanings.webp "Scripps News Life")
_march-birthstone-aquamarine-and-bloodstone-124-jill-maurer.webp "Jill Maurer")
_landlord-threatened-with-jail-time-over-pink-shopfront.webp "A landlord was threatened with prison time by his local council - because his shopfronts were painted pink.<br/><br/>Christopher Nevill received a warning that he could be jailed over the colour of his 16th century shopfronts.<br/><br/>The Grade II-listed buildings - home to a nail salon and hairdressers in Canterbury high street - were flagged by Canterbury City Council as part of its crackdown on “garish” buildings.<br/><br/>Mr Nevill secured permission to repaint the properties in the Kent city a lighter shade of pink and got started on the work - before receiving a shocking warning in the post.<br/><br/>He said: “I received the letter on the very same day I was painting the shops with the colour approved by the council.<br/><br/>“They told me if you don’t do the changes you could go to jail or face an unlimited fine.<br/><br/>“They could have just sent me a nice email asking how the progress of the painting was coming along. <br/><br/>\")
_munk-debate-on-anti-zionism-and-anti-semitism.webp "Munk Debate on Anti-Zionism<br/>On Monday June 17th we convened at Roy Thomson Hall for our spring 2024 debate.<br/><br/>Motion: Be it Resolved, anti-Zionism is antisemitism.<br/><br/>About the debate<br/>Hate crimes against Jews are surging globally as the war in Gaza continues into its eighth month. This reality has brought new urgency to a decades-old debate about whether anti-Zionism – the rejection of statehood for the Jewish people in their ancestral homeland – is being used as a cover for antisemitism or hatred against Jews as a people. Critics of Zionism argue that it is a supremacist and exclusionary ideology that unjustly privileges the lives and rights of Jews over non-Jewish inhabitants of Israel. The charge that anti-Zionism is antisemitism is a smokescreen to cloak Israel from much needed international scrutiny and hold it to account for its actions. Nonsense, say Zionists. A key feature of antisemitism is applying one standard for Jews, and another for everyone else. Zionism is nothing more than the right of the Jewish people to self-determination in their historic lands. This is the same right that has been claimed by countless other nations and groups for centuries. Those who say that the Jewish state alone is illegitimate are not simply anti-Zionist but antisemitic and bear responsibility for rising hate crimes against Jews worldwide<br/>The Debaters<br/><br/>Arguing for the resolution is award winning journalist, best-selling author, and former Munk Debater Douglas Murray. His debate partner will be Natasha Hausdorff, an international law expert and legal commentator on antisemitism.<br/><br/>Opposing the resolution is Mehdi Hasan. Mehdi is a best-selling author, former MSNBC anchor, and the CEO and editor-in-chief of the new media company Zeteo. He will be joined by the award winning Israeli broadcaster and Haaretz columnist Gideon Levy.<br/><br/>“If you are zoning in on Israel and not bothered by everything else in the world, you’re not motivated by anything other than being antisemitic”<br/>– DOUGLAS MURRAY<br/><br/>“What does it mean to say to the Palestinian people that you’re either a Zionist, you subscribe to the ideology of your oppressor, or you’re a racist?”<br/>– MEHDI HASAN<br/><br/>“There is no difference between anti-Zionism and antisemitism and there must be a zero tolerance for this phenomenon.”<br/>– NATASHA HAUSDORFF<br/><br/>“Zionism is an ideology. It is not a religion and it is not immoral to stand against it.”<br/>– GIDEON LEVY")
_march-birthstone-pisces-aquamarine.jpg)
_commuter-kicked-abused-by-stranger-on-tube-said-92.jpg)
_march-birthstone-aquamarine.jpg)
_aquamarine-march-birthstone.jpg)
_birthstones-by-month-all-12-birthstone-colors-amp-meanings.jpg)
_march-birthstone-aquamarine-and-bloodstone-124-jill-maurer.jpg)
_landlord-threatened-with-jail-time-over-pink-shopfront.jpg)
_munk-debate-on-anti-zionism-and-anti-semitism.jpg)
![[+]](/images/menu.gif){kind=small}