LONDONMETRIC ACQUIRES NINE PREMIER INN HOTELS IN THE UK FROM WHITBREAD

British real estate investment trust LondonMetric Property has acquired a portfolio of nine Premier Inn hotels (955 rooms) located in the southeast of England from British owner-operator Whitbread in a sale-and-leaseback transaction, for £89 million (£93,200 per room), reflecting a net initial yield of 5.3%.

The portfolio is let on new 30-year leases with five-yearly CPI-linked rent reviews, and is located across sites at Southampton Airport, Kings Langley, Milton Keynes, Poole, Colchester, Fareham, Waltham Abbey, Chipping Norton and Warwick. LondonMetric also acquired five Premier Inn hotels in England from Whitbread in September 2025, as reported in this newsletter.