The Whiteley sells Six Senses London to Gruppo Statuto
The Whiteley, London, announces 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 comments: “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 comments: “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.”
About Gruppo Statuto
Gruppo Statuto is one of the leading Italian Real Estate groups with a corporate structure of participation extremely transparent and flexible; it operates under different lines of business: Office and Retail, Residential and Luxury Hotels. Luxury Hotels – Gruppo Statuto is very active in the Luxury Hotel sector. The Group is focused on the 5 Star Luxury hotel segment and the portfolio is held with a long-term strategy. Building a unique know-how in the hotel’s development and management the Group is also developing and monitoring other stunning properties worldwide, consistent with the existing and pipeline portfolio. Gruppo Statuto owns some of the most iconic Luxury 5-Stars Hotels in Italy, admired all over the world: Four Seasons Hotel Milan, Hotel Danieli in Venice, San Domenico Palace, Taormina, a Four Seasons Hotel, Mandarin Oriental Milan, Mandarin Oriental Porto Cervo (under construction), The Rome Edition, The Six Senses Rome, The Six Senses Ibiza, Rosewood Milan (under construction).
About Finchatton
Finchatton was founded in 2001 to create the most exceptional homes in the world. Today, after two decades at the pinnacle of luxury property design, interior design and development, Finchatton remains dedicated to pushing the boundaries of ever greater excellence and innovation. The company’s hallmark of sophisticated elegance and timeless style continues to inspire and excite the world’s most discerning clientele. Finchatton is more than just a name – it’s a journey of passion, attention to detail and distinctive style. Finchatton has designed, managed and financed over 100 major development projects around the world, and completed over 75 private commissions with a combined development value in excess of £2 billion. www.finchatton.com
About MARK
MARK is a privately held real estate investment management firm focused on the opportunities presented by urbanisation and technological change. In addition to advising closed-ended, value-add funds, the firm has a multi-platform strategy that enables institutional investors to benefit from structural changes in real estate. MARK has a diversified portfolio spanning residential, offices, inner-city and luxury retail and last-mile logistics. www.thisismark.com
About C C Land
Headquartered in Hong Kong, the core business of C C Land is property development and investment as well as treasury investments. The Group started to build its global property portfolio in early 2017, and now has both investment and development projects in the United Kingdom, Australia, Hong Kong and Mainland China. The Group’s business strategy is to have a balanced property portfolio with both stable recurring rental income and property sales revenue in developed cities worldwide. www.ccland.com.hk/en/