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RE Rumor Mill: Hotel Debutesq, Vice Media, Massey Knakal

By Kaitlin Ugolik ( July 2, 2014, 5:32 PM EDT) -- London's iconic Hotel Debutesq has reportedly hit the market, asking £200 million ($343 million). GlobeSt. reported that Alex Hayward of Debutesq Group put the 400-bed hotel near Hyde Park up for sale, noting that the asset has performed well but could stand an improvement in investment returns. It's possible that a new buyer will achieve that by expanding the hotel, which currently covers about 135,000 square feet, according to GlobeSt. The sale comes as London's hotel market is booming, with analysts predicting that it will soon be one of the leading hospitality markets in the world....

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