SCOTLAND > USA based Union Investment is set to acquire Edinburgh hotel complex for $55.9 million (€43.4m)

Union Investment USA based Union Investment is set to acquire two hotel properties in Edinburgh’s historic city center namely Premier Inn with 127 rooms and Hub by Premier Inn with 121 rooms for approximately $55.9 million (€43.4m GB) from the vendor MAS Real Estate. The properties are on a long- term lease to Whitbread, an experienced operator and the transaction is Union More …