Enterprise Inns offloads Scottish estate

British holiday accommodation group Enterprise Inns said today it had sold its entire estate in Scotland after agreeing a deal with property tycoon Robert Tchenguiz.

Enterprise Inns offloads Scottish estate
Tue, 21 Nov, 2006 - 08:02

British holiday accommodation group Enterprise Inns said today it had sold its entire estate in Scotland after agreeing a deal with property tycoon Robert Tchenguiz.

The 137 pubs fetched £115m (€170.2m) for Enterprise, which said it lacked critical mass in a region with “many different characteristics” to the market in England and Wales.

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CourtsBusinessHeathrowPlace: ScotlandPlace: EnglandPlace: WalesPerson: Robert TchenguizPerson: TchenguizOrganisation: Enterprise InnsOrganisation: Enterprise
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