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Starwood buys De Vere Venues

Starwood Capital Group has bought, through a controlled affiliate, UK hotel and conference centre operator De Vere Venues from the De Vere Group for approximately $385m (£232m).
By James Wallace
March 27, 2014 | 1:15 P.M.

The transaction includes 23 owned and leased hotels comprising 2,433 keys, 374 meeting rooms and 414,000 sq ft of meeting space, predominately located in Greater London.

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