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Union Investment Buys First Hotel In Scotland For Unilmmo Global Fund | News | Ipe Ra

by realassets.ipe.com posted 8months ago 35 views
The two hotel properties in Edinburgh from MAS Real Estate for around €43.4m. : Union Investment’s open-ended real estate fund Unilmmo: Global has made its first hotel acquisition in Scotland. Real estate manager Union Investment said it bought the two hotel properties in Edinburgh from MAS Real Estate for around €43.4m. Since its opening in 2016, the 248-room development has been occupied by two hotel formats − a Premier Inn with 127 rooms and a Hub by Premier Inn with 121 rooms.

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