LaSalle Investment Management has purchased the Motel One London Tower Hill hotel from abrdn for £56m on behalf of a UK client. Located in Tower Hill, central London, the modern hotel features 291 bedrooms and is leased to Motel One, a European hotel operator, under a long-term, inflation-linked agreement. The property boasts strong sustainability credentials, …
Today’s news in brief – 28/8/24
- Categories: Hotels
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