Coffer Hotels

Although a successful business in its own right the former Purple Hotel in Pride Park, Derby was caught up in the Administration of parent, Real Hotel Company. With the clock ticking to the March ‘Quarter Day’, the trigger point for the next rental payment, Coffer Hotels worked alongside our client, LaSalle Investment Management, not only to secure the right replacement tenant quickly but also to protect the investment value for the pension fund freeholder.

Acting for three separate owners of nine Folio Hotels located throughout the country, Coffer Hotels advised in advance of and throughout the Administration process on lease restructuring and exit.

The Coffer Group has introduced contract caterer Couture UK to operate the restaurant at Hotel Indigo in Paddington – the first franchise of InterContinental Hotels’ boutique hotel brand to open in the UK – highlighting the synergy the Coffer Group can offer corporate hoteliers through the specialist knowledge of the teams within Davis Coffer Lyons and Coffer Hotels.

Coffer Hotels Managing Director Nick Barber has advised Moorfield on the acquisition of three Swallow Hotels.

Coffer Hotels Managing Director Nick Barber has advised developer SEGRO on the June 2008 sale of the hotel opportunity located at the entrance to its two million sq ft Winnersh Triangle development near Reading.