trending Market Intelligence /marketintelligence/en/news-insights/trending/W9M4Bq1WOK0jk9ezwuygVg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

London + Regional buys Miami hotel for $49M

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


London + Regional buys Miami hotel for $49M

U.K.-based London + Regional Properties Ltd. bought the Pullman Miami Airport hotel in Miami from Laurus Corp. for roughly $48.7 million, The Real Deal reported, citing property records.

The 1986-built property, which sits on a 10-acre site, underwent a renovation in 2016 when it was converted from the Sofitel brand to Pullman.

Citing the records, the news outlet added that the property previously sold for $22.3 million in 2012.

Amenities at the hotel include a pool, tennis courts, a fitness center, business center and two food and beverage concepts, according to the report.

The Pullman brand is owned by France-based AccorHotels.