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Hiap Hoe ventures into UK hospitality sector with £26m hotel purchase
Add BT as a preferred sourcePublished Fri, Jun 16, 2017 · 09:50 PM
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Singapore
IN ITS first foray into the UK hospitality sector, construction and property group Hiap Hoe Limited has acquired the Holiday Inn Express Trafford City in Manches-ter, UK for £26.29 million (S$46.44 million).
The agreement was entered into on Friday between its newly incorporated subsidiary Meteorite Manchester Limited (MML) and three companies - Topland (No 18) Limited, Mill Lane Estates Limited and Marick Capital Limited - to acquire Trafford City Hotel Limited (TCHL), which owns the hotel.
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