The seven-year facility enabled the European real estate investment platform to complete the acquisition and it now plans to work with Hilton on an asset management programme to enhance the landmark assets.

The acquisition marks Henderson Park's entry into the UK hotel market and follows investments in Paris and Athens.

The Hilton London Metropole is located on Edgware Road and claims to be London's largest conference hotel by delegate capacity, while the Hilton Birmingham Metropole is located at the National Exhibition Centre and is adjacent to Birmingham International Airport.

“The completion of this acquisition brings two significant hotel assets into our portfolio, both of which offer a number of opportunities to further enhance their value through the implementation of a refurbishment and repositioning programme we intend to undertake with Hilton,” said Nick Weber, founding partner of Henderson Park.

“The £330m financing that we have secured with Aareal is a further endorsement of both the assets' defensive characteristics and high quality, as well as our business plans for them.

“We are also pleased to bring the first Hilton properties into our portfolio and we look forward to a rewarding long-term relationship with Hilton on these and other assets.”

Henderson Park confirmed that Hilton will remain in place as manager under the existing hotel management agreements.