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Danes set to buy Edinburgh hotel


Danish investment company Habro Properties is set to buy the 171-bed Apex International Hotel, Edinburgh, from Morley Property Fund.


Morley, acting for Norwich Union Property Trust, is paying £40m, a 4.75% yield. Lindley Mortimer advised Habro. Savills acted for Morley.


joanne.payne@rbi.co.uk

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