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MNK Partners buys hotel near Newcastle for €4.85m

The SCPI portfolio now comprises five assets
Le Travelodge Newcastle Whitemare Pool (DR)
Le Travelodge Newcastle Whitemare Pool (DR)

Translated from French.

MNK Partners is on a roll. One week after acquiring 1 Kings Inch Place, Glasgow, for £3.7 million, representing a net yield of 9.5%, the management company headed by Mansour Khalifé has signed its fifth investment on behalf of its Reason SCPI.

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