Birmingham hotel changes hands for 05:00, 17 AUG 2017The Premier Inn in Waterloo Street has been acquired by institutional investors "The sale attracted lots of interest with a number of institutional investors competing to secure the deal and bidding significantly ahead of the asking price.
"This demonstrates confidence in Birmingham and the booming hotel sector."The seven floor hotel is let to Premier Inn until 2037 and has the 80 seat Bar + Block restaurant on the ground floor.
BNP Paribas advised Standard coach outlet 78666 Life on the acquisition and the seller was also represented by Downing.Like us on FacebookFollow us on TwitterDaily NewsletterallMost ReadMost RecentInvest in BirminghamParadise unveils vision for landmark building at end of Broad StreetDevelopers behind Birmingham city centre regeneration scheme to showcase next stage of major project at coach outlet stores wrentham ma public exhibition next monthInvest in BirminghamMajor land deal for Jewellery Quarter regenerationHome of historic Birmingham company for coach tote outlet more than 50 years will be redeveloped into a mixed use complex with flats and commercial spaceInvest in BirminghamNext phase of Edgbaston hospital project unveiledCircle Health plans to add a rehabilitation centre to its new hospital on the former Pebble Mill sitePost PeopleDaily Mail columnist to head Midlands Media Awards panelDaily Mail columnist Andrew Pierce is coach outlet stores gettysburg pa to head the final judging panel for this year's Midlands Media Awards.
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