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BridgeStreet Worldwide Continues United Kingdom Expansion with Key Acquisition

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Thursday, June 05, 2008
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Luxury Serviced Apartments Set to Open in New Harbourside Bristol Development
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London - BridgeStreet Worldwide, a leading international provider of serviced apartments, today announced that The Crescent at Harbourside in Bristol will become the newest addition to BridgeStreet's growing portfolio of properties in the United Kingdom. The brand-new property features 23 one- and two-bedroom apartments in the first phase of development, with additional apartments to follow in a second phase of the development.

The Crescent by BridgeStreet Worldwide is part of the exciting expansion of Bristol's greatly desired dockland area. Harbourside Bristol, an exciting mixed-used development, features contemporary living spaces surrounded by world-renowned dining and retail establishments. Guests will enjoy the freedom offered by this well designed urban centre on the picturesque Avon River with easy access to the cities entertainment, leisure and tourist attractions, as well as Bristol's thriving business community.

"Our expansion into key regional cities continues with this acquisition," said Stephen Hanton, managing director of Europe, the Middle East and Africa (EMEA) and chief operating officer of BridgeStreet Worldwide. "Bristol is a fast-growing market with a multitude of demands for serviced apartments and our innovative partnership with Sorrento Asset Management brings unique opportunities for growth through property ownership."

The luxury apartments offer modern, spacious interiors with balconies and terraces overlooking the city's historic Floating Harbour. Featuring the highest levels of specification, designer furnishings and state-of-the-art electronics, guests will be pampered with superior accommodations and the highest levels of personal service.

"BridgeStreet continues its aggressive approach to expansion through property acquisitions and management," said Max Thorne, BridgeStreet Worldwide's vice president of development EMEA. "By diligently seeking new opportunities we are able to offer our clients accommodations in areas of high demand."

BridgeStreet Worldwide is a leading international provider of serviced apartments. BridgeStreet and its Global Alliance Partners offer over 15,000 serviced apartments located throughout the United States and 50 cities internationally. An award winner both in the U.S. and Europe, BridgeStreet properties meet uncompromising standards of quality, comfort and service. For more information about the company or to learn more about how BridgeStreet is Making Serviced Apartments Easy, visit www.bridgestreet.co.uk or call +44 (0) 20 7792 2222.


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