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Vector offers shares to investors
By Helen Patenall
Vector Hospitality real estate investment trust (REIT) is set to sell shares in its UK hotels and conference centre portfolio to private investors.
The £2.5b portfolio includes the entire Malmaison and Hotel du Vin collection, purchased from Marylebone Warwick Balfour Group (MWB) for £495.1m earlier this month.
A prospectus listing the share option will be available on 8 May, and the offer will close on 30 May.
The property and asset management will be carried out by investment manager, Cameron.
Vector Hospitality real estate investment trust (REIT) is set to sell shares in its UK hotels and conference centre portfolio to private investors.
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