The Whiteley, London, has announced Gruppo Statuto has signed a binding agreement to buy Six Senses London.
Gruppo Statuto, the leading Italian Real Estate group, bought the 109-room hotel at a price of £180 million [£1.65 million per key]. Six Senses hold a 30-year agreement to manage and brand the hotel, with the future ability to extend.
Six Senses London will open in early 2025 in a restored art deco emporium that offers an epicentre and an unrivalled luxury escape within The Whiteley. The hotel preserves some of the building’s original features such as the sweeping staircase which takes its revised place in the hotel lobby. In addition, Six Senses London will be home to 14 branded and fully furnished luxury residences (one to two bedrooms) which provides an opportunity for effortless modern living fully serviced by Six Senses.
The Whiteley comprises 139 homes, managed by the adjacent Six Senses hotel, providing world revered, services and amenities supplemented by a carefully curated line up of commercial tenants. The building is being brought to life by development manager Finchatton and joint venture investment partners MARK and C C Land.
Spartan Advisors and Taylor Wessing were engaged by The Whiteley for the sale, Baker McKenzie advised Gruppo Statuto on the transaction.
Adam Goldin, Head of UK, C C Land commented: “Gruppo Statuto has a unique vision for luxury brands having acquired a strong portfolio of leading international hotels across Europe. Six Senses London benefitted from high investor demand but, given the existing relationship with the Six Senses brand and track record of relevant experience, Gruppo Statuto proved the right fit as a long-term custodian.”
Giuseppe Statuto, Owner Gruppo Statuto commented: “With this specific deal in such an international city, we are proud to be a player in the first Six Senses London opening, providing international travellers a new iconic experience. Our strong bond with hospitality brands in the luxury segments continues in its growing. Furthermore, Gruppo Statuto is strengthening its role in the European market, with such an important milestone as London.”