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Case studies

JV Equity
IBIS, Bridgwater

Ciel Capital and its JV partners have acquired a site located at junction 23 of the M5, close to the town of Bridgwater.

Planning was granted in Dec 2017 for a 144 room Ibis hotel with 83 car parking spaces and a fitness room. Construction began in September 2019 and is die to complete in Q3 2020. The hotel will capitalize on Hinkley Point C (”HPC”) Project and wider investment into the local area over the coming years.

Franchise agreements have been finalized with Accor Hotels (under the IBIS and Keepers brands). Cycas will be the operators.

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