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Forward Sale of Cambridge Hotel Site Completed

Cambridge - CGI viewContracts were exchanged and completed on the forward sale of the 138 bed Travelodge development in Orchard Park, Cambridge to Staffordshire County Council Pension Fund. We have entered in to a build contract with Multi-Build / Balfour Beatty and works are due to commence on site late November 2010 with the construction scheduled to complete in July 2011