SECURE INCOME REIT ACQUIRES TWO UK TRAVELODGE PORTFOLIOS  

Secure Income REIT has acquired 76 Travelodge Hotels within two portfolios for £246 million, from GoldenTree Asset Management, Avenue Capital Group and Goldman Sachs. The hotels are located in locations such as Bath, Birmingham, Dartford, Reading, Heathrow, London Morden, London Park Royal. The weighted average unexpired lease term is 23 years and the passing rent totals £15 million per annum.

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