Lulu Group Seals Rs 1,094 Cr Hotel Deal at Great Scotland Yard

Tuesday, July 28, 2015

M A Yusuffali-owned Lulu Group International has agreed a 110 million pounds (around 1094 crore) deal to develop a luxury five-star hotel on the site of the original Scotland Yard Police Station in London. Lulu Group International in partnership with Galliard Homes will build the 92,000 sq ft 5-star hotel within a magnificent refurbished Edwardian building at the Great Scotland Yard.

This is the second investment by Yusuffali MA, the Managing Director of Lulu Group International, in London. Last year, he invested in East India Company.

The hotel will provide a mix of luxury bedrooms, restaurants, library, lobby/lounge and private meeting, entertaining and dining rooms complete with 24/7 concierge service.

An adjoining Grade 2 Listed Victorian townhouse will be incorporated into the hotel and used to create a magnificent entertaining suite.

“We are extremely pleased to have concluded this deal for the iconic Scotland Yard building. We have been actively evaluating investment opportunities that both grow our footprint and contribute to the further development of London and our interest in the iconic Great Scotland Yard is a step in that direction,” said Adeeb Ahamed, (son-in-law of Yusuffali) Managing Director of Twenty14 Holdings, the hospitality arm of Lulu group.

The hotel is scheduled to open in Q1 2017 and will provide employment for up to 250 full time staff.

Construction on site is now 30 per cent complete with the interior fit out scheduled to start in March 2016.

“Galliard Homes is delighted to have reached an agreement with Lulu Group International to create a bespoke 5-star hotel in the heart of London’s Whitehall.

“The Great Scotland Yard Hotel will be a brand synonymous with exceptional service and refined luxury and quality,” said Don 0’ Sullivan, Managing Director of Galliard Homes.

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