Opal sites sold to US buyer

Five companies of Opal Group, the Manchester-based student landlord which collapsed into administration earlier this year, have been sold to New York investor Avenue Capital Group.

Snowdonia hotel changes hands

The Gwydyr Hotel in Snowdonia National Park has been sold by Dinorben Hotels, advised by Colliers International, off an asking price of £530,000.

The Baytree Hotel changes hands

David McCourt

Llandudno seafront hotel, The Baytree Hotel, is undergoing major refurbishment after being sold to new hoteliers.

BE to examine Deeside networking project

Regeneration consultancy BE Group has been appointed to carry out a mid-term review of a European-funded business support programme on Deeside Industrial Park.

Cineworld signs prelet in Broughton

Hercules Unit Trust, a retail warehouse fund advised by British Land and managed by Schroders, has secured Cineworld for an 11-screen multiplex cinema at Broughton Shopping Park in Flintshire.