October 21, 2024
Block Real Estate are delighted to have advised on the off market disposal of a modern Travelodge hotel in the centre of Milton Keynes for c.£15m. The hotel was subject to a long lease with indexed linked uplifts.
Block Real Estate were able to use their experience in the sector to find the purchaser and execute the transaction for the client, a UK pension fund.
This transaction involved Block Real Estate employees but was completed at other companies.