‘Green’ hotel is put on the market

The Qbic London City, considered by many to be the capital’s leading eco-friendly hotel, has gone on sale on a leasehold basis and may well attract those investors building a ‘green’ portfolio.

The hotel has the environment at the very heart of its operations, with green energy systems including solar panels, sensor lights through to its water-saving initiatives and re- purposing of much of its furniture, fittings, and equipment. With 183 bedrooms, the hotel is close to the Square Mile and many of London’s tourist attractions as well as cafes and restaurants, art galleries, niche shops and nightlife within the bustling East London districts of Whitechapel and Spitalfields.

Qbic London City opened in 2013, following the success of the original Qbic Hotel in Amsterdam and has undergone continual investment and improvement across its bedroom range since. The hotel marries hi-tech with its strong environmental credentials and the latest sleep technology and built a strong following from both leisure and corporate guests.

Andrew Evangelou, director and head of London Hotels in Christie & Co’s Hospitality team is handling the sale and says: “We are certain this vibrant hotel will generate high levels of interest from both domestic and overseas buyers, given the demand we have seen for hotel assets to date this year. So far in 2021, our team has achieved 45 exchanges and completions across the UK, with aggregated sales proceeds in excess of £55 million.”