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Park Inn by Radisson, Glasgow
Completed development of a 91 room Park Inn Glasgow City Centre, which was financed through a BPRA partnership structure by Harcourt Capital LLP. Construction works commenced in April 2012 and the hotel opened on the 17 April 2013. The total development was valued at just over £15m. The project was finished on time and on budget.
Park Inn by Radisson, Manchester
A 252 room Park Inn hotel at City Park in Manchester, a 50:50 joint venture with a private equity partner. The hotel was pre-let to Rezidor Hotels UK Limited, and forward funded by an Irish investor. Construction of the hotel commenced in July 2007, and the hotel opened in June 2009. The total scheme value is in excess of £37m. The project was completed on time, and within 2% of the original contract price.
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