Sahara Group in India has made a bid for 42 Marriott hotels in London, which are being sold by Royal Bank of Scotland (RBS) for around £750m.
According to a Sunday Times report, the four-and five-star properties have attracted interest from other buyers, including the Abu Dhabi Investment Authority and Blue Post Group.
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RBS took control of the properties after the failure of talks to restructure loans it extended to the previous owner, a consortium that included Irish property fund Quinlan Private and Israeli property investor Delek.
In 2011, Sahara Group subsidiary Aamby Valley acquired the Grosvenor House hotel in London from RBS for £470m.
The purchase was one of the largest acquisitions made by an Indian company in the hospitality sector.
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