• M&C buys in Rome

Millennium & Copthorne has agreed a deal to purchase its first Italian hotel. It is paying EUR65.5m for the 87 room Boscolo Palace hotel in Rome.

M&C chief Kwek Leng Beng said the company has been looking to buy into the Rome market for many years. Built in 1927, the hotel has recently been refurbished.
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http://online.wsj.com/article/BT-CO-20140224-709150.html

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