UBS Asset Management's (UBS-AM) real estate & private markets (REPM) business has completed the acquisition of the Travelodge hotel in Edinburgh, Scotland, for £9.4 mln (€10 mln), reflecting a net initial yield of circa 5.25%.
UBS Asset Management's (UBS-AM) real estate & private markets (REPM) business has completed the acquisition of the Travelodge hotel in Edinburgh, Scotland, for £9.4 mln (€10 mln), reflecting a net initial yield of circa 5.25%.
Real estate investor, developer and asset manager, Firethorn Trust has appointed Charlie Ingham as director of Firethorn Investment Management, its third-party investment, development and asset management services offering.