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Hilton Hotels to sell 10 European sites
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Hilton Hotels Corporation is reportedly to sell 10 of its European sites to Morgan Stanley Real Estate Fund for around £375m.
According to The Times, Hilton is due to agree the sale tomorrow (24 April), just as the company completes its sale of the Scandic Hotels chain to EQT for US$1.1bn (£540m).
Hilton will continue to manage the hotels in the deal with Morgan Stanley, which recently bought 13 hotels from the Japanese company All Nippon Airways.
Hilton Hotels Corporation is reportedly to sell 10 of its European sites to
Morgan Stanley Real Estate Fund for around £375m.
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