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CBRE Hotels team sells Valencia Travelodge for over €15 million
CBRE has struck a deal in Spain, selling the Travelodge at Valencia Airport for more than €15 million on behalf of Citygrove, equating to a net initial yield of approximately 5%. The hotel asset was sold to French investor, Perial AM.
Located on Carrer de les Roses 31 in Manises, the purpose built...