Aviva trust buys Malmaison Aberdeen in leaseback deal

By A staff reporter 2011-08-24T00:00:00

London-listed hotel specialist MWB has announced the sale-and-leaseback of its Malmaison hotel development in Aberdeen for £16.1 mln (EUR 18 mln). MWB said that the investment volume reflected a yield it considered to be a strong outcome in the current market environment.

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