UK Owned 

RB own The Curtain Hotel and Members Club in Shoreditch, one of London’s newest and most sought-after luxury lifestyle hotels.  The hotel was sold by and then leased back to New York hotelier Michael Achenbaum and his partner Jeffrey Levine.  The freehold comprises over 115,000 sq ft GIA over six stories with 120 luxury bedrooms and suites, a private members’ club, a rooftop pool and restaurant overlooking the City skyline, wellness centre, live performance room as well as co-working space for members and hotel guests.  It is home to acclaimed chef Marcus Samuelsson’s Red Rooster restaurant and The Green Room cocktail bar, named one of “London’s Best Bars Right Now” by Conde Nast Traveller UK.

 

In August 2018, RB purchased 47,48, & 49-50 Poland Street (together with land to the rear of 54-55 Great Marlborough Street) in Soho, the heart of central London. The site comprises three prominent retail & office buildings currently totalling 53,000 sq ft GIA and benefits from planning consent by Westminster for demolition and redevelopment into a hotel with restaurant and bar space consisting of over 74,000 sq ft GIA on two basement levels, ground and six upper floors. The property was acquired from the Shiva Hotel group in August 2018, who will operate the hotel under a long lease. RB will benefit from additional upside through a share in the hotel’s operating company. Shiva Hotels currently own and manage the Kingsway Hall Hotel in Covent Garden, the Hilton at London Heathrow Terminal 5 and the Hilton DoubleTree at London ExCel.

 

RB also own a portfolio of hotels across England, including the Lingfield Park Marriott Hotel & Country Club with its 18 hole golf course, and is scheduled to open a 154-room Hilton Garden Inn with a hospitality suite for around 400 guests at its Doncaster Racecourse in H2 2018.

Europe Owned

In November 2017, RB acquired the Hotel Nevai in Swizerland.   The hotel has 35 existing keys which will be increased to 40, a spa & wellness center, 2 F&B areas, and hosts the Number 1 night club, Le Farm Club, in Verbier.  The hotel will now be operated in partnership with boutique hospitality group Experimental. The site is only 1 minute from the resort center and a 5 minute drive to the ski lifts.  Verbier is one of the most exclusive Alpine ski resort located in South-West Switzerland close to the French and Italian borders.

 

A month later, a 15th century palazzo in the heart of Venice, just a stone throw away from St Mark’s Square, was purchased.   The building has tall ceilings that allow for airy bedrooms and a unique design.  The site is expected to receive planning potential for a 4 star hotel boasting 33 keys with high ceilings, 70-cover restaurant, 40-cover terrace & 30-cover cocktail bar.  The construction project is anticipated to take 18 months and like in Verbier, the Hotel Adriatica will then be operated in partnership Experimental.

Belmond

The Group holds 12.2% in the luxury international hotel company & adventure travel operator, listed on the NYSE.

Debt Financing

Reuben Brothers hold significant funds available for debt financing.

RB completed  the financing over the Savoy, the iconic central London five star hotel, in November 2018.  The Savoy offers 267 bedrooms, seven F&B outlets including the Gordon Ramsey affiliated Savoy Grill, 23,034 sq ft of meeting/banqueting space, spa with 9m indoor pool, and fitness centre.

RB purchased the loans secured over three iconic global luxury hotels in June 2015. The financing was for; the Grosvenor House Hotel, London, featuring 494 keys; the 20-story Plaza Hotel in Midtown Manhattan featuring 282 keys and 152 private condominiums, the Dream Downtown in the Meatpacking New York district featuring 315 keys.  The debt was repaid in July 2017.