Tulip Real Estate Acquires Premier London Hilton for £30 Million
Deal News | Jun 07, 2025 | Globenewswire
Tulip Real Estate, under the leadership of Sidd Mahajan, has secured a significant foothold in the UK's luxury hotel industry by acquiring the Hilton London Syon Park for £30 million. This prestigious site, located within the historic Syon Park Estate, is a 137-room luxury spa hotel renowned for its upscale services and tranquil setting, which includes views of the historic Syon House. Originally opened as a Waldorf Astoria for the London Olympics, it was later repositioned as a Hilton hotel. The acquisition from Lone Star, who previously controlled it as part of a four-property portfolio, is facilitated by their asset manager Hudson. This move is pivotal for Tulip Real Estate as it not only marks their entry into the Hilton brand but also entails a notable joint venture with a seasoned hospitality operator, Countrywide Hotels. Tulip's acquisition strategy underscores its commitment to blend modern luxury with heritage preservation, evidenced by its portfolio of refurbished historic properties. This transaction highlights Tulip's growing influence in the premium hospitality market, augmenting its portfolio that combines historic and contemporary luxury properties.
Sectors
- Real Estate
- Hospitality
- Private Equity
Geography
- United Kingdom – The article centers around the acquisition of a property located in the UK, specifically the Hilton London Syon Park, as Tulip Real Estate is expanding its operations in this region.
Industry
- Real Estate – This industry focuses on the development, buying, selling, and management of properties, as demonstrated by Tulip Real Estate's acquisition of the Hilton London Syon Park.
- Hospitality – This industry encompasses the service of providing accommodation, food, and other hospitality services. The acquisition of Hilton London Syon Park by Tulip Real Estate fits into this classification.
- Private Equity – Private equity refers to investment firms that provide capital through various investment strategies, highlighted here by Lone Star's control and sale of the Hilton London Syon Park.
Financials
- £30 million – The purchase price for the Hilton London Syon Park paid by Tulip Real Estate to acquire the property from Lone Star.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Tulip Real Estate | Buyer | Company | A property consultancy specializing in UK residential and commercial real estate investments, led by Sidd Mahajan. |
| Hilton London Syon Park | Target Company | Company | A 5-star luxury spa hotel previously under the Hilton brand, situated within the historic Syon Park Estate. |
| Lone Star | Seller | Company | An American private equity firm that previously owned and managed the Hilton London Syon Park as part of a portfolio. |
| Countrywide Hotels | Operational Manager | Company | A leading hospitality operator that will manage the Hilton London Syon Park post-acquisition. |
| Hudson | Asset Manager | Company | Served as an asset manager during the transition of the property from Lone Star to Tulip Real Estate. |
| Sidd Mahajan | Managing Director | People | Founder and managing director of Tulip Real Estate, leading the acquisition. |