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U City acquires 24 European hotels in a THB12.3 billion strategic deal Company eyes overseas hotel markets and growth in recurring revenue

BANGKOK, Thailand – U City Public Company Limited (U City) has expanded its current hotel business in a THB12.3 billion acquisition of a European portfolio of 24 hotels and a hotel management platform with operations in 9 countries. The transaction was agreed on 23 February 2017 and was successfully closed on 31 May 2017. Through […]Read More
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    U City Public Company Limited (U City) signs an agreement to invest in an additional office building on 6-14 Underwood Street, London, UK for GBP 7.3 mn or THB 328.6 mn. The investment, which is expected to complete in June 2017, is a complementary addition to its existing portfolio of recurring income properties and enlarges […]Read More
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      U City signs an agreement to acquire a pan-European hotel platform in a transaction valued at more than THB 12,300 million.

      U City Public Company Limited (U City) continues its strategic expansion into Europe, by signing an agreement to acquire a pan-European hotel portfolio, along with a hotel management company and associated brands in a deal worth approximately EUR 330 mn or THB 12,300 mn.  Upon completion, which is expected by 31 July 2017, U City’s […]Read More
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