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Urban&Civic sells Stansted Hotel to reinvest in further residential Master Development
Urban&Civic has sold the recently completed Hampton by Hilton hotel at Stansted Airport to LGIM Real Assets (Legal & General) for a minimum consideration of €54.4 million (£48.3 million). An additional sum of up to €1.2 million (£1.1 million) will be paid to Urban&Civic, depending upon operational performance over the…