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IM sells Travelodge at record yield as Kimmre toasts expansion into hotels sector

Yield of 4.1% is understood to be a record for a budget hotel in Greater London
CoStar News
January 4, 2019 | 2:31 P.M.

IM Properties has sold the Travelodge London Kew Bridge hotel in Brentford for £29m at what is understood to be a record yield of 4.1% for a budget hotel in Greater London.

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