Thackeray Group and Align Partners form €143m hospitality real estate partnership
Thackeray Group has formed a £120 million (€143 million/$160 million) hospitality real estate partnership with Align Partners, a hospitality sector investment and asset management specialist.
“We believe this is an opportune time to be investing in the U.K. hospitality market in partnership with one of the most experienced and entrepreneurial companies in the sector,” said Antony Alberti, CEO and co-founder of Thackeray Group.
The partnership will work with key investors, including family offices, institutions and private equity firms.
The partnership, Thackeray Align, will acquire and manage individual hotels, resorts and platforms in key catchment areas in the United Kingdom and Ireland. It expects most investments will be through outright purchases, although it will consider a preferred equity position or working alongside existing owners as joint venture partners. It is in advanced discussions regarding the acquisition of several properties with a val