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%.
The investment arena for European student housing assets widened further this week with a string of players kicking off new investment strategies for the asset class across Europe.