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 for the long-term management contract, according to newspaper The Scotsman.
International developer and asset holder Trei Real Estate has concluded 2024 with the opening of its 41st Vendo Park in Poland.
