Located at the foot of historic Signal Hill in downtown St. John’s, Nfld., with stunning harbour and city views, Battery Hotel & Conference Centre boasts 127 guest rooms and suites, two restaurants, recreational amenities, and flexible function and office space. The purchaser, Memorial University, plans to renovate the property and turn it into graduate student residences, as well as university offices and public engagement space.

The renovations are expected to cost approximately $16.2 million. CBRE Hotels acted as the exclusive advisor to Signal Hill Road Properties in the sale of the hotel, which was marketed as an excellent redevelopment opportunity.