• Village bidding closes

Hong Kong investor Great Eagle is the front runner for the GBP450m De Vere Village portfolio. Around 20 bidders made first round bids, and final offers are being made this week, reports the London Times.

Great Eagle already owns the Langham Hotel in central London. It is understood to be up against last round rivals KKR and KSL Capital Partners, and bids could go as high as GBP470m.
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