The Arora Group today announces that it has completed the purchase of County Mall in Crawley from ABRDN.
The 455,000 sq. ft property with 1,700 car park spaces sits on a 9.5-acre freehold prime city centre site directly opposite Arora’s new Overline House development, on which construction is due to commence later this year to develop the Crawley Gateway Scheme consisting of 300+ apartments directly above the station.
Originally known as a specialist airport hotel owner operator, the Arora Group established their first city centre hotel in 2017 with the opening of the Intercontinental London – The O2, and most recently has diversified further into the country house hotel market with the opening of Fairmont Windsor Park and the recent acquisition of Luton Hoo Hotel, Golf & Spa in December 2021.
The purchase of County Mall continues the journey of portfolio diversification, and the mall is perfectly positioned to capture the significant demand for social and leisure activities from the local community.
Sanjay Arora, Strategy Director for the Arora Group commented: “Our acquisition of County Mall is continuing the vision we have for creating a strong diversified portfolio which holds implicit real estate value for the long term and future generations. We believe in the Council’s wider regeneration plan and very much look forward to supporting their vision and investing to give County Mall a significant makeover along with introducing our extensive hospitality knowledge to give the shoppers the best overall experience.”
Councillor Michael Jones, Leader of CrawleyBorough Council, said: “This is great news for Crawley and shows the confidence that the private sector has in our town centre regeneration programme. Arora Group is investing heavily in the town, redeveloping Overline House and the area around Crawley Station, and this purchase of County Mall is the latest sign of its faith in Crawley.”
Arora was supported by CMS and will be retaining JLL as property manager. Time Retail Partners and Herbert Smith Freehills represented ABRDN.
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Notes to Editors
The Arora Group
The Arora Group is a successful UK-focused private group of companies, which leverages synergies across its specialist property, construction, and hotel divisions to its strategic advantage. Since 1999, the Group has built its standing through meticulously managing projects from inception to delivery and beyond. Today, it owns and manages a diverse portfolio of flagship assets across the nation’s key business locations, partnering with some of the world’s most recognised brands to deliver consistently high service levels and sustainable growth.
For more information, please visit www.thearoragroup.com.@Arora_Group
Arora Hotels, a division of the Arora Group, is one of the UK’s leading hotel owner-operators with expertise in airport and city centre hotel operations. Current hotels within the portfolio include Sofitel London Heathrow, Sofitel London Gatwick and Novotel London Stansted (under a franchise agreement with Accor), Renaissance London Heathrow (under a franchise agreement with Marriott), InterContinental® London ‒ The O2, Holiday Inn Heathrow Terminal 5, Crowne Plaza London Heathrow Terminal 4, Holiday Inn Express® London Heathrow Terminal4 (under a franchise agreement with IHG), Hilton London Gatwick and Hilton Garden Inn London Heathrow terminals 2 & 3 (under a franchise agreement with Hilton Hotel andResorts), and Arora Gatwick - Crawley. Fairmont Windsor Park Hotel & Luton Hoo Hotel, Golf & Spa is the latest addition to the portfolio.
For more information, please visit www.thearoragroup.com/business/hotels. @ Arora Group
Media Relations:
E: publicrelations@thearoragroup.com
