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Oberoi partners with Cain for European debut
Transactions - MAY 7, 2020

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Oberoi partners with Cain for European debut

by Andrea Zander

Cain International, a privately held real estate investment firm operating in Europe and the United States, has signed an agreement with hotel group Oberoi for the operation of 23 serviced residences at 17–22 South Audley Street, in London’s Mayfair.

The deal represents The Oberoi Group’s debut in Europe.The Oberoi Group was established in 1934 and owns and operates 33 five-star hotels and luxury resorts across India, Indonesia, Morocco, Mauritius, Egypt, Saudi Arabia and the UAE. It is well known and respected in these markets for its focus on guest experience and exceptional standards of service.

Due for completion in 2022, the branded residences at South Audley Street will offer exceptional living at the heart of one of the most attractive and sought-after locations in prime central London.

The partnership with Oberoi is one element of the next chapter for 17–22 South Audley Street, which Cain International acquired in 2016.

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