UK hotel owner and operator Fairview Hotels has acquired the 101-room Novotel Ipswich, the 98-room Novotel Coventry, the 132-room Novotel Wolverhampton, and the 119-room Novotel Manchester West from Land Securities for an undisclosed sum.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
