Anil Khanna, owner of KE Hotels has purchased 148-bedroom Hotel Indigo Newcastle from a consortium of private investors.

A former office building, the property was converted to a hotel and opened in June 2012. In addition to the bedrooms, the freehold hotel comprises a bar and restaurant, a health and fitness centre and a 102-space car park. The hotel also has a franchise agreement with IHG Hotels and Resorts.

JLL acted for the vendors.

What they said

Anil Khanna, owner of KE Hotels, said: “We are delighted to acquire Hotel Indigo Newcastle, it’s a fabulous addition to our portfolio. We will be looking to invest in the hotel and securing its position as one of the leading boutique hotels in the city."