Reuben brothers buy Curtain Hotel in London’s Shoreditch

Posted in Business, News on 28 August, 2018

The Curtain hotel in the heart of Shoreditch, London, has been sold by American hotelier Michael Achenbaum to David and Simon Reuben of the Reuben Brothers.

It is understood that the £90m acquisition will see the hotel continue to be managed by Michael Achenbaum and his partner Jeffrey Levine under a subsidiary of Achenbaum’s Gansevoort Hotel Group, which will lease the property.

The six-storey 120-bedroom hotel, which opened in 2017, includes a private members’ club, a rooftop pool, and a restaurant overlooking London’s skyline.

Reuben brothers has significant investments across the hospitality industry including a portfolio of pub companies and hotels, as well as being the largest shareholder in Belmond. The purchase of The Curtain follows Reuben Brothers’ acquisition earlier this month of 47, 48, and 49-50 Poland Street in London’s Soho, which has planning consent for redevelopment into a hotel with restaurant and bar space consisting of over 74,000 sq ft over two basement levels, ground and six upper floors.

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