Evolution Investment Fund acquires London Marriott Hotel Grosvenor Square and a development site

Acquisition Hospitality announced London, United Kingdom Feb 23, 2026

GBP1.1B

Deal Value

development

Stage

London Marriott Hotel Grosvenor Square and a development site

Project

Evolution Investment Fund acquired a leasehold interest in the 237-room London Marriott Hotel Grosvenor Square and a development site with full consent near New Bond Street from O&H Grafton Developments Ltd. for £1.1 billion.

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Counterparts (2)

Seller

O&H Grafton Developments Ltd.

company

O&H Grafton Developments Ltd, part of the O&H Properties group, is a UK-based property developer specializing in large-scale strategic land promotion and mixed-use developments. Their strategy involves master planning and delivering significant associated infrastructure, including roads, utilities, and rail freight interchanges, to create sustainable communities and commercial hubs.

Buyer

Evolution Infrastructure Partners

company

Evolution Infrastructure Partners is a private equity firm focused on investing in critical infrastructure assets across North America. They target sectors such as digital infrastructure, energy transition, and transportation, aiming to provide long-term capital to support growth and development. The firm partners with experienced management teams to build and scale infrastructure platforms.

Deal Analysis

Evolution Investment Fund has announced the acquisition of a leasehold interest in the 237-room London Marriott Hotel Grosvenor Square and an adjacent development site with full consent near New Bond Street from O&H Grafton Developments Ltd. for a significant £1.1 billion. This acquisition represents a substantial strategic investment in prime London real estate, combining an established, high-end hospitality asset with considerable future development potential in one of the city's most prestigious locations. The deal underscores a long-term commitment to value creation within a resilient and high-demand market segment. The £1.1 billion valuation makes this a notable transaction within the UK hospitality and real estate sectors, reflecting the premium associated with assets in London's Mayfair district. The inclusion of a fully consented development site alongside an operational hotel provides Evolution Investment Fund with immediate income generation coupled with a clear pathway for future expansion or value enhancement. This dual-asset acquisition strategy highlights confidence in the sustained appeal and growth prospects of London's luxury hospitality market, particularly in areas benefiting from strong tourist and business demand.

£1.1 billion acquisition value.
Acquisition of a leasehold interest in a 237-room prime London hotel and a consented development site.
Transaction involves Evolution Investment Fund as buyer and O&H Grafton Developments Ltd. as seller.
Focus on the high-value hospitality sector in a key global city.

Source Intelligence

KEY DETAILS

Evolution Investment Fund is a family-backed investment fund based in the British Virgin Islands with offices in the UAE. It was launched in 2025 by the Shanshal family, who live in the UAE and have extensive business interests across the Middle East. The development site is a 157,000sq ft project that will include 94 hotel rooms and six luxury residences. The fund aims to acquire and develop prime locations in “gateway cities” and is also involved in logistics, telecoms, car dealerships and construction. The investment represents a long-term conviction to London. Quotes: - "A family-backed investment fund based in the British Virgin Islands and offices in the UAE, Evolution Investment Fund has acquired for £1.1 billion..." - "Evolution was launched in 2025 by the Shanshal family, who live in the UAE and have extensive business interests across the Middle East." - "The development site is a 157,000sq ft project that will include 94 hotel rooms and six luxury residences." - "It aims to acquire and develop prime locations in “gateway cities” and is also involved in logistics, telecoms, car dealerships and construction." - "The family office said the investment in prime London real estate represents a long-term conviction to the city with plans to invest significantly in these locations and a firm belief in their exceptional long-term appeal."

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Deal Size

Evolution Investment Fund has acquired for £1.1 billion a leasehold interest in the 237-room London Marriott Hotel Grosvenor Square and a development site with full consent near New Bond Street.

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Location

Evolution Investment Fund acquires hotel and development site in London with long-term conviction to the city. LONDON – A family-backed investment fund [...] has acquired [...] a leasehold interest in the 237-room London Marriott Hotel Grosvenor Square and a development site with full consent near New Bond Street.

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Financials

acquired for £1.1 billion

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Announcement

February 23, 2026

PARTIES MENTIONED IN SOURCE

Evolution Investment Fund buyer

"Evolution Investment Fund has acquired for £1.1 billion a leasehold interest in the 237-room London Marriott Hotel Grosvenor Square and a development site with full consent near New Bond Street."

O&H Grafton Developments Ltd. seller

"The seller has been listed as O&H Grafton Developments Ltd."

high quality Enriched Mar 2, 2026

Timeline

Announced

Feb 23, 2026

Signed

Closed

Get the full picture — timeline, source intelligence, and counterpart analysis.

Source

www.hotelinvestmenttoday.com

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Evolution Investment Fund acquires London Marriott Hotel Grosvenor Square and a development site

Counterparts (2)

Deal Analysis

Source Intelligence

Timeline

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