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Mantis acquires Lord Milner Hotel
Finisterre Holdings has sold the leasehold interest of the five-star Lord Milner boutique hotel in Central London to Adrian Gardiner, owner of the Mantis Group, for an undisclosed sum.
The Mantis Group currently operates the five-star Draycott Hotel, situated between Chelsea and Knightsbridge, which it acquired in 2007, and a number of game reserves, boutique hotels and retreats throughout South Africa and Europe.
Located in the heart of London's Belgravia, the 11-bedroom Lord Milner Hotel is named after Lord Alfred Milner, 1st Viscount Milner, the controversial German-born British statesman and colonial administrator.
Agents Christie + Co acted on behalf of Finisterre on the deal.
David Creamore, director at Christie + Co, said: "This deal again highlights that despite the challenging conditions buyers are still in the market for quality, well-located properties at realistic prices."
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