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October 3, 2010

LaSalle Sells US Westin Hotel

LaSalle Hotel Properties has sold the Westin City Center Dallas in Texas, US, for $50m. The company received a book gain of $29.2m and anticipates that it will recognise a tax gain of $26.5m as a result of the sale. LaSalle Hotel Properties is a leading multi-operator, real

By cms admin

LaSalle Hotel Properties has sold the Westin City Center Dallas in Texas, US, for $50m.

The company received a book gain of $29.2m and anticipates that it will recognise a tax gain of $26.5m as a result of the sale.

LaSalle Hotel Properties is a leading multi-operator, real estate investment trust that owns 33 upscale full-service hotels in the US.

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