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UBS Asset Management (UK) Ltd (Europe)

2023 Real Estate Top 150 ranking: 14

UBS Asset Management acquires Edinburgh Travelodge Hotel on behalf of its Long Income UK Property Fund

The GBP 9.4 million deal further diversifies the Fund’s tenant mix, supports its distribution yield and enhances the portfolio’s weighted average unexpired lease term (WAULT) The hotel will continue to be operated by Travelodge on a long-term lease running to 2042 Edinburgh’s hotel market is second only to London ...

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