Alternative Income REIT, the UK long lease commercial property investor, has completed the sale of the Mercure City Hotel on Ingram Street in Glasgow, for £7.5 million to its tenant S Hotels & Resorts (UK).
Glasgow Mercure Hotel Bought by Thai Operator Parent for £7.5 Million
Mercure City Sold by Alternative Income REIT
By Paul Norman
CoStar News
August 9, 2023 | 8:36 AM
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Mercure Glasgow City Hotel
201 Ingram St, Glasgow, GLG
- Companies
- Mercure Hotel
Accommodation and Food Services