Jump to content

Yianis Group

From Wikipedia, the free encyclopedia

This is an old revision of this page, as edited by Liu1126 (talk | contribs) at 20:54, 10 February 2023 (Adding short description: "British real estate developer"). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.

Beetham Tower

Yianis Group is a London-based property development and investment company, wholly owned by the Cyprus-born British billionaire, John Christodoulou.

Yianis Group owns the London hotels Marriott West India Quay and Canary Riverside Plaza Hotel at Canary Wharf.[1]

In Manchester, Yianis Group owns the Hilton Manchester Deansgate. After a seven-year legal battle it initiated against the building's owner, North West Ground Rents Limited, part of the publicly quoted Ground Rents Income Fund, over who should be made to pay £8.9m to fund essential remedial works of the external facade, which Yianis Group subsidiary Blue Manchester Limited eventually won at the High Court in 2019, Yianis Group acquired the freehold for a 'nominal' sum.[2][3][4] Prior to summer 2021, Yianis Group only had a 999-year lease on the commercial premises at Beetham Tower; the first 23 of its 47 floors.[1][5][6]

Yianis Group also own Park Inn Palace, Southend and Radisson Blu, Liverpool.

Its head office is based at Westferry Circus, London.[7]

References

  1. ^ a b "Portfolio". yianis.com. Retrieved 12 April 2017.
  2. ^ Turner, Alex (3 August 2021). "Beetham Tower sale ends owner's legal nightmare". TheBusinessDesk.com. Archived from the original on 4 January 2023. Retrieved 4 January 2023.
  3. ^ Robson, Steve (5 August 2022). "Iconic Beetham Tower sold to mystery buyer for 'nominal' sum". Manchester Evening News. Archived from the original on 6 August 2021. Retrieved 31 December 2022.
  4. ^ "Deansgate Freehold Limited". Companies House. Retrieved 4 January 2023.
  5. ^ "EGi - News Article - Estates Gazette Rich List 2014". egi.co.uk. Retrieved 28 April 2015.
  6. ^ "John Christodoulou side-steps £4m 'dou-dou' at Beetham Tower, where leaseholders face bills of £40,000 each as the works begin". Leasehold Knowledge Partnership. Retrieved 2 May 2020.
  7. ^ "About Us". yianis.com. Retrieved 12 April 2017.