Dayan family among buyers of UK hotels from Vincent Tchenguiz

Vincent Tchenguiz Photo: Christopher Ratcliffe

Bloomberg reports that the family of Amir Dayan is invested in Vivion Investments, which bought the hotels for £246 million.

The family of Israeli property magnate Amir Dayan is among the buyers of the portfolio of hotels of Vincent Tchenguiz, sources familiar with the matter told "Bloomberg". The portfolio consists of nine UK hotels leased to the Hilton chain. It belonged to Zinc Hotels (Holdings), which went into administration last month. The portfolio was bought by Vivion Investments Sarl for £246 million ($315 million). According to the sources, the Dayan family is among the investors in Vivion Investments.

The sources said that Tchenguiz's CBG group tried to sell the hotels, located in various parts of the UK, for £600 million in July 2017, but failed to find a buyer, and the hotels went into administration.

This is Vivion Investments' second purchase of hotels in the past year. It bought a portfolio that included hotels of the Holiday Inn and Crowne Plaza brands for £750 million.

Tchenguiz has extensive investments in Israeli healthcare startups.

Published by Globes, Israel business news - en.globes.co.il - on February 19, 2019

© Copyright of Globes Publisher Itonut (1983) Ltd. 2019

Vincent Tchenguiz Photo: Christopher Ratcliffe
Vincent Tchenguiz Photo: Christopher Ratcliffe
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