January 26, 2018 / 7:11 AM / a month ago

BRIEF-easyhotel Says To Buy Property In Milton Keynes For New Hotel

Jan 26 (Reuters) - Easyhotel Plc:

* ‍HAS CONDITIONALLY ACQUIRED A 125-YEAR LEASEHOLD OF PART OF NORFOLK HOUSE ON SILBURY BOULEVARD, A CENTRAL SITE IN MILTON KEYNES​

* ‍DEVELOPMENT HAS ALREADY RECEIVED PLANNING PERMISSION AND ACQUISITION WILL BE COMPLETED SUBJECT TO PLANNING BEING FINALISED AT END OF JUDICIAL REVIEW PERIOD​

* EASYHOTEL - INTENDS TO CONVERT ITS PART OF BUILDING INTO A 124-BEDROOM HOTEL, WHICH IS EXPECTED TO OPEN BY MID-2019 AT A TOTAL COST OF ABOUT £8.7 MILLION​ Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below