Global luxury brand Orient-Express Hotels has signed a binding agreement to purchase the Grand Hotel Timeo and the Villa Sant'Andrea Hotel in Taormina, Sicily, from Italy's Franza Group, the owner of the Framon hotel chain.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
