Vertiq Capital completed the acquisition of Bankside Hotel from Realstar Group for $128m.

Vertiq Capital, an investor in the hospitality sector across Europe, completed the acquisition of Bankside Hotel, a 161-room hotel, from Realstar Group, a real-estate investment and management company, for $128m. “We’re proud to have added our first luxury property – the intimate Bankside Hotel – to our fast-growing portfolio, and very excited to be working with Marriott International on one of their most prestigious London hotels. The Bankside Hotel’s ethos of being a social hub with a passion for their community strongly mirrors Cycas’s people-focused values, and we look forward to bringing Cycas’s trademark superior service and outstanding guest experience to this culturally-vibrant part of London," Matt Luscombe, Cycas Hospitality CEO.