Birketts advises on multi-million pound hotel deal
Birketts, the full service top 100 UK law firm, has advised Surya Hotels on the acquisition of four Dragonfly Hotels in East Anglia.
The purchase of the hotels in Bury St Edmunds (71 rooms), Colchester (50 rooms), King's Lynn (50 rooms) and Peterborough (70 rooms) sees Surya's portfolio increase to 11 niche hotels.
Birketts advised on all legal matters and Duncan Williamson, legal director in Birketts’ commercial property team, led the transaction with assistance provided by colleagues in Birketts’ corporate team including Greg Allan and Nikki Reid.
Suki Dulai, managing director of Surya Hotels, said “We are delighted to have successfully acquired four additional hotels in East Anglia which perfectly complement our existing portfolio and we’re very happy to have Birketts as part of our deal team again.”
Duncan Williamson added: “This acquisition involved a multi-disciplinary team which worked alongside the client to achieve the desired outcome, and we are very pleased to have been able to assist in bringing this project to fruition.”