Motel One design

Motel One project sold to LaSalle

LaSalle Investment Management has acquired the pre-let Motel One hotel development in London Road, Manchester for £25.5m from Livia part of the Olympian Group.

The Hodder-designed hotel will comprise 330 rooms across 13 floors. Germany-based operator Motel One agreed a 25-year lease on the completed development.

The development, facing Piccadilly station, is due for completion in April 2015.

LaSalle Investment Management was advised by Jones Lang LaSalle.

Your Comments

Subscribe to our newsletter