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Claudel Venture digs deep for its new development.
Wednesday, 16th December 2009
Source : HVS International

Claudel Venture Holdings acquired Hersham Golf Club, in Surrey, in 2008 and now has plans to build a five-star hotel and spa there.

But apart from the sunken courtyards, which could be trickier to get out of than Tiger Woods’ street, the property presents no other hazard to even the most wayward of golfers, for most of the development will be below ground.

Claudel, which is a subsidiary of Cypriot leisure company Arkin Group Developments, could reportedly be spending up to £70 million on the 204-room hotel. Claudel expects to submit its plans in March next year.

www.hvs.com

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