Partners Group, GIC to acquire Australia's Travelodge hotels in $457m deal

Partners Group, GIC to acquire Australia's Travelodge hotels in $457m deal

Swiss asset manager Partners Group has joined forces with Singaporean sovereign wealth fund GIC and Australian hospitality operator Salter Brothers to acquire a portfolio of 11 Travelodge hotels in Australia in a A$620-million ($457.5 million) deal.

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