
TRAVELODGE SALE AND LEASEBACK
In a joint venture with West Coast Capital, Bank of Scotland and Prestbury, we entered into a sale and leaseback arrangement on a portfolio of 135 Travelodge properties valued in October 2004 at c. £405 million.

TRAVELODGE SALE AND LEASEBACK
In a joint venture with West Coast Capital, Bank of Scotland and Prestbury, we entered into a sale and leaseback arrangement on a portfolio of 135 Travelodge properties valued in October 2004 at c. £405 million.