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Standard Life Assurance acquires Premier Inn in Birmingham

The Premier Inn in Birmingham city centre has changed hands in a €29.09m (£26.55m) deal. Standard Life Assurance has acquired the 152-bed budget hotel from a syndicate of private investors represented by Downing LLP. Niche property consultancy MK2 Real Estate advised the vendors. BNP Paribas advised Standard Life on the…

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Photos: Hi-Pix Photography Ltd