Align Partners Instrumental in Zetland Capital’s Acquisition of Two Major UK Hotel Deals

Congratulations to Zetland Capital on completing on the acquisition of the two Macdonald hotels in Manchester and Edinburgh. These two deals were originated by Align Partners, headed up by Chris King, who then introduced the opportunity to Zetland’s investment team on behalf of their Luxembourg funds. Align Partners assisted Zetland with the preparation of the business plan, market analysis and financial modelling, securing debt offers, and were instrumental in successfully negotiating the Heads of Terms in respect of the Acquisition with the vendor’s advisor, Savills. This mandate was undertaken as part of Align’s advisory capability, which includes project origination, debt advisory, brand engagement, acquisition due diligence, and development management including fit-outs. The advisory business sits side by side with Align’s own M&A programmes, as well as its operational and asset management mandates. “It was great to see the deals cross the line and we are sure they will both be strong performing assets for Zetland’s funds. It goes to prove that, despite all of the significant head winds being faced by the hotel industry, there are some standout opportunities for investors if a methodical and strong macro, as well as property level analysis, is undertaken."