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Birmingham Post
Birmingham Post
Business
Abigail Turner

Topland extends £20m support for Exeter hotel conversion

Hotel Indigo Exeter House of Fraser

A UK investment group has extended its funding support for the newly opened IHG Hotel Indigo in Exeter, following a multi-million pound restoration.

Topland Group has provided a £20m development facility with a stabilisation period for the hotel's owners, Exeter Hospitality, which has converted the city's former House of Fraser department store into the hotel.

Hotel Indigo features a ground floor retail space, 104-bedrooms, rooftop bar overlooking Exeter Cathedral, spa, sports bar and Colson's Bar and Restaurant, named after Colson’s Department Store which opened at the site in 1792.

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