Yotel San Francisco

In line with AQARATS strategy in the US, to invest in development projects in the U.S. Aqarat has recently entered into an investment in the upcoming Yotel San Francisco located on Market Street , San Francisco, California.

Along with IFA and Synapse Capital, Aqarat has recently acquired 1095 Market Street, an eight story , 76,000 sqft historic corner retail and office building centrally located on San Franciscos Market Street. Located on a historic corner retail and office building, 1095 Market Street is currently vacant and fully entitled for hotel use including over 8,500 square feet of F&B which includes a rare, approved roof top bar. The building is prominently located in one of San Franciscos rapidly improving neighbourhoods and offers an excellent opportunity to acquire, upgrade, and reposition a beautiful historic San Francisco building. The site will be developed into a 215-key YOTEL San Francisco (the brands first West Coast hotel), a truly unique offering in the market.

Expected opening is anticipated in 2017.

AQARAT Ownership: 40%