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De Vere plans disposal of four properties
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Hotel Group, De Vere, has announced its intention to sell four properties which no longer fit its brand profile.
Over the past three months the company has undertaken a review of its hotels portfolio with the aim of driving improved returns across the group.
The four hotels – the De Vere Bellhouse, De Vere Dormy and two early Village Hotels at Swindon and Prestwich – have a book value of approximately £40m.
Hotel Group, De Vere, has announced its intention to sell four properties which no longer fit its brand profile.
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