Jumeirah to operate Grosvenor House Apartments in London
Dubai based Jumeirah Hotels Group , has signed a Management Agreement with Grosvenor House Apartments Limited, a wholly owned subsidiary of Park Lane Properties Limited, to operate its luxury apartments in London.
Park Lane Properties Limited is majority owned by a consortium of Kuwait based companies including Adeem Investment and Wealth Management Company, The Investment Dar and Stehwaz Holding Company. Due to fully open in early 2012, the Grosvenor House Apartments by Jumeirah Living will be part of the Jumeirah Living portfolio, the Group’s luxury brand of residences and serviced apartments.
The main hotel building of the Grosvenor House complex also owned by Park Lane Properties Limited, has been managed by the Marriott Group under its JW Marriott brand.
Located on London’s Park Lane and originally built in the 1920s, Grosvenor House Apartments by Jumeirah Living has undergone a complete internal rebuild and refurbishment.