Oberoi Group to Debut in Europe
Indian Hospitality player Oberoi Group will now have a presence in London too. Cain International, a privately held real estate investment firm in Europe and the US, has tied up with Oberoi for the operation of 23 serviced residences in London’s Mayfair. This will be the group’s debut in Europe.
These branded residences in central London’s South Audley Street are due for completion in 2022. The 48,000 square feet property will also have a restaurant and retail space. Cain International’s portfolio of luxury hospitality investments includes Six Senses, Waldorf Astoria, Hilton, Raffles Hotel & Residences, Aman Hotel & Residences, Rosewood Hotels and Soho House.