East Midlands hotels sold in £250m deal

The Hallmark Hotel in Derby
Three hotels in the East Midlands are part of the £250m sale of Hallmark Hotels to a consortium of overseas investors. Topland Group has sold the portfolio of 26 hotels to an Israeli investment fund working with LGH Hotels Management. The properties include the Hallmark Hotels in Derby city centre and Mickleover. The portfolio of hotels had been created by the acquisition of Menzies, Hallmark and Feathers portfolios. Topland described it as "textbook" strategy, "adding value to the business over five years with strong in-... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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