PropertyEU

Moorfield buys 24 hotels in UK

By A staff reporter 2007-01-29T00:00:00

Moorfield Real Estate Fund has paid £400 mln (EUR 605 mln) to acquire 24 hotels in the UK from MacDonald Hotels & Resorts. The terms of the deal specify that MacDonald will continue to manage the properties in the short term. It will face off again two international hotel companies ...

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