Sandra Ortega Acquires London's Radisson Blu Edwardian Hampshire for €142M (€1,118,110 per key)

Sandra Ortega, through her investment vehicle Ferrado UK (a subsidiary of Rosp Corunna), has acquired the Radisson Blu Edwardian Hampshire Hotel in Leicester Square, London, for £121.3 million, over €142 million at current exchange rates (€1,118,110 per key). The transaction closed at the end of March: Ferrado UK acquired 100% of the capital of Leicester Sq Opco Limited.

Transaction details: total price, €142M (£121.3M) · price per key, €1,118,110 · 127 keys.

Parties: buyer, Sandra Ortega (through Rosp Corunna and Ferrado UK) · seller, Starwood Capital Group · advisors, CBRE (financial) and CMS (legal).

History and valuation evolution: the hotel was part of a portfolio of ten Radisson Blu Edwardian hotels in London, with 2,053 keys, which Edwardian Group sold to Starwood Capital Group in January 2024 for £800M (€930M), averaging €452,996 per key for the entire portfolio. With the sale to Ferrado UK for €142M (€1,118,110 per key), this Leicester Square asset is valued at almost 2.5 times that average per key. In 2024, it generated £14.2M (€16.6M) in revenue, with an operating profit of £4.2M (€5M).

Analysis: this acquisition places Sandra Ortega in one of London's busiest hotel enclaves with a mid-sized, profitable asset in an irreplaceable location, confirming the appeal of central London for Spanish patrimonial capital. HotelVALORA, as a hotel investment intelligence and valuation platform, monitors transactions daily to keep industry information up-to-date.

Sources: Brains RE and PropertyEU.